I have an existing offer from RH with a few hundred thousand dollars of equity valued at $15.3 per share so I guess that's 24500 shares. Is this offer now worse off or better off after the recent robinhood funding rounds? My gut instinct would be that share value has been diluted and so my 24500 shares @ 15.5 is now less valuable than it was before. Is there any way it could have done the opposite? For example one of my friends said that it looks like the new valuation might be closer to 20B meaning that even after dilution the new price is like $25 a share.
Don't trade your soul for $40 door dash credit
normally, and i’ve no reason to expect otherwise, dilution *increases* the value. in your case, it sounds like you didn’t start work yet. so your offer is worth less now. even if they convert the dollar value to the new share qty, ie equivalent TC, you’ve missed this round of valuation increase.
the valuation could also go down
I believe offer is based on share number
ask your recruiter which one is fixed, shares or dollar value. also you now have reasons to ask for more stocks because of the accident
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Why don't you ask rh what's the new valuation is. If this was me I wouldn't go from g to rh at such time.
I did and they said there isn't one yey
Ok so good for you then, if you assume valuation goes up in the future.