Do you typically evaluate an RSU offer with the preffered share price or 409a price? For context, say you have an equity offer of 300k. The preferred price is $50 and the 409a is $30. Should you expect 10000 shares or 6000 shares?
Well, at least for Uber. I saw most blind posts use 409a price (i.e., $40.88) for offer evaluation.
you will get the 409a price. that’s the definition. you should *evaluate* it as zero, however
Because you don't think Uber will IPO, or you think it will drop to zero?
409a price = FMV you’re getting common RSUs
Does that mean I should use the 409a value when evaluating the offer?