I'm considering an offer from Mapbox and looking for some more information to make an informed decision. I see that company was valued at 690M at the end of funding round in 2017. Anyone willing to share the latest 409a valuation? Could you please DM me in that case? It'll be a huge help. Thanks! 🙏
No longer there, but there's no way they're valued at $1B+. If they were, they'd talk about it.
They estimate it much more. Please see the comment from None==null.
What happens is they give you a high hypothetical valuation to frame how much your equity *would* be worth in the event the company exits at said valuation. It's a sales tactic to make your equity grant more attractive. It is not related to the current valuation. I know this because I hired people while there. The valuation given is at best aspirational and at worst fraudulent data.
Good suggestions. Thanks a ton!
Hope you didn’t take the job. The company is in a rough place.
Can you further explain why? Why is it in a rough place?
Bad leadership, a non-sticky product, and sales seems to only chase whales
I'm also considering an offer a Mapbox in Jan 2022. Can anybody weigh in on how things are looking recently? Would you join now?
did you accept the offer?
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It was valued at close to (or higher than) 1 billion dollars
Was that in late 2019? Any knowledge of the stock prices?
As someone else said it’s probably not a billion but from what I got offered (I don’t work here) and what was the hypothetical valuation at 2 billion dollars I valued the stock at about 28$ a share.