Airbnb offer from 2017 @ 31B valuation is only 27% higher now
May 17, 2021
7 Comments
On Nov 15, 2017, I got an offer worth $800K in RSU for a total of 7,700 RSU. At the time the valuation of the company was supposed to be $31B.
Looking current Airbnb valuation, I see 7,700 * 132.50 = 1.02M or just 27% increase, when the market cap of Airbnb is 80B.
Did I get lied to when I got the offer (offer only said 7,700 RSU and not an actual money equivalent) or is the dilution so bad?
#airbnb #dilution #offer
comments
You should be vested ~15000 shares, if you sell all at low 130/share, it’s about 2m. (Could easily be more if you sell some at previous window at about 190/share)
It was a nice offer TBH, I won’t say it’s much better than FB’s offer though, as FB’s stock also grew by 2x.