i got 210k base offer which is matched with my current base and 9k rsus. i feel like its too low on equity any comments.
thanks. thye are not offering options.
So it’s worth 9000$ when and if the company goes public ? And over 3-4 years ?
Likely 9000 shares, not $
Its a good company but with current economy i would not take a risk of joining any startup
9k quantity not sure what the current price is
Lol, then that the thing you need to ask them. Ask specifically how much was their share price during last round of valuation.
Their valuation per share during series F is 14.12. You ll have to take into account dilution as well.
@pjeh33 may be a dumb question like how do u factor the account dilution into stock price
You don't. It's factored in already.
Wrong answer. If they go for more rounds of funding or IPO, there will be further dilution. Source: multiple friends of mine who went through recent IPOs(Uber / lift) But there is not good way to quantify it. Also note that the valuation might go up during the next round or IPO. no way to quantify any of that, unless you get some internal data about their financials.
Dillution only matters if you want to see what percentage is yours. If you want to look at this in a simplified way: lets say you have 10k rsus (number not value) worth 100k $ (10$ per share) and total number outstanding is 1M shares (company is worth 10M$). And then a new round happens, and board emits another 1M shares and investors get them at a price 20$ per share. Now company has 2M shares and is worth 2 * 20 or $40M. Your percentage in the company before this round was 1% and after the round is 0.5% . It got dilluted, yes, but your 10k shares are now worth 20$ each giving you $200k. Lyft and Uber peeps had issue that their company at later stage was taking money to survive without actually ramping up the price per share and Uber even had down round ie dillution plus the share price went down after the round...
Yep. Good answer here. So yes , it all depends on how good. the company’s exit is.
Is this 9k per year ?
i wish its per year 😁.. for 4 yrs
Yoe?
RSUs are worth 0$ at startups . You need to see how many units of options you got and what % of company equity it is ! Speaking from Startup experience
Now market would believe Samsara will become a thing but your advice is correct at the current time. The real question is whether the OP wants to gamble.
It sounds like it’s lowest of low ball ! 9000$ of rsu at startup over 3-4 years is 2250 or change per year ? Only if it goes public. If you work at startup and they don’t give you options means they only want your work but don’t want to give back . P.S: I rejected samsara offer as well before joining amazon . Not a good place to work now