Skydio recruiter has reached out for a position. I have been reading about the company and it’s currently in Series-E funding. I don’t know much about start ups but quick googling said not many companies survive after Series-D. Company’s Wikipedia says that they received 200-300 mil in funding for the series E with 2.2 billion valuation. Also, they have federal and military contracts. So, in this scenario is Series - E good? Will company ever go to IPO? @skydio folks can you comment #skydio #drone
series E means likely to IPO
Were at F and no IPO on the horizon
it’s not a guarantee of course. what’s keep trucking? AV? you’ll never IPO
If you get an offer, you clearly need a professional advisor. Startup compensation has a ton of tricky details to understand. No one on blind can predict if a series anything company will IPO. Reddit has been around forever, has millions in users and billions in funding and they still haven’t IPOed. Two years ago everyone here would have said Reddit is IPOing, yet here we are without it. So some small drone startup is far more of a long shot to IPO anytime soon with even less chance of someone here giving you good advice. Also the “few startups survive after series D” is really just part of “most startups eventually fail” and series D seems like an arbitrary cut off point. There is nothing special about a series name other than it being (almost but not quite) a count of funding rounds. To evaluate an offer you need to know: Am I getting options or RSUs? If options, what is the strike price and what was the price the last investors paid per share? You also need to know NSO vs ISO and the tax treatment there. How many shares am I getting and how many has the company issued (that is, what percent of the company am I getting)? How much revenue / profit is the company making? How long is the runway before they run out of cash?
wrong on many counts