Software Engineering Career
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Why does leetcode get so much hate?
Tech Industry
Yesterday
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Our company has alternate Fridays off, Does your company have?
World Conflicts
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Screw it. Don't care anymore. Let Israel take it. One state solution.
India
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Rahul Gandhi is poison but the people who believe in him are a lot worse
Tech Industry
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Metamate- cringe max posts by this wannabe influencer
For a late stage private company that’s offering options, how should I go about evaluating the value of the options? Is the strike price the market price, or is it discounted in some way? If the first, then it means options are worthless on signing?
0.5* $$ value of options that they're telling you. Depends on how many rounds of dilution to expect and also consider the opportunity cost vs cash
0.5*value_of_options*scenario_adjustment. Scenario adjustment values are: 0 for bottom quartile, 0 for 2nd, 0 for 3rd and 1 for 4th. I am optimistic.
Depends what you mean by late stage. A bullshit unicorn is different from a just-pre-IPO company with a real business.