In the process of an offer (TBD) from MZ. Trying to figure the value of stock options. What's the preffered value for an unit? Loved the team/company based on my interactions during interview. The last question on my mind at this point is value of stock - couldn't find a lot info online on current value. If you're working in MZ, how do you like it so far and what do you think about the future?
MZ laid off bunch of people last year. Stock options worth shit as their valuation is too high and unsustainable. Ask for strike price, # of shares outstanding, and last investor buy-in price. These are not confidential to employees. If they hide this, RUN!
Just run. Run run.
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If you can get the info from the recruiter, it will be more reliable than from here. Also, you shouldn't have to guess what you're being offered in terms of value of percentage of the company.
Unfortunately those(number of outstanding shares/valuation) are confidential info. Curious to know the price of share in secondary market.
Might as well be worth pennies then. Maybe if you negotiate, you can get 50% more pennies. Would you buy stock on the public market not knowing what a share represents? You are about to buy partial ownership of MZ with your time, and you don't know what it's worth.