Robinhood diluted employee stock

Tableau
_tableau_

Go to company page Tableau

_tableau_
Feb 3, 2021 10 Comments

Word is that the 3-4 billion that Robinhood raised recently severely diluted employee stock. I am in the middle of an interview at the moment and planning on walking away because of their lack of transparency towards their customers and their employees.

10

comments

Want to comment? LOG IN or SIGN UP
  1. TOP
  2. RECENT
  3. OLD
 TOP 10 Comments
  • Google
    corcupine

    Go to company page Google

    corcupine
    All fund raising rounds dilute employees. There’s no “lack of transparency “ there.
    Feb 3, 2021 3
    • Tableau
      _tableau_

      Go to company page Tableau

      _tableau_
      OP
      And, BTW, the lack of transparency with their customers is a real thing.
      Feb 3, 2021
    • Google
      corcupine

      Go to company page Google

      corcupine
      You can’t always get favorable terms in the moment. Much better to set the company up for long term security. See ABNBs cap raise at the start of the pandemic.

      I mean, it’s your call to walk away from a good thing. Go for it. They won’t miss you.
      Feb 3, 2021
  • New
    hugh jarse

    New

    hugh jarse
    huh? every fund raise diluted employees. it also increases the value. dilution is the only way to increase the valuation. you don’t need “the word” to know about this dilution. it is known.
    Feb 3, 2021 0
  • Google / Eng
    dogfoodie

    Go to company page Google Eng

     dogfoodie
    I had read it was a convertible note. So when converted it will definitely dilute everyone.
    Feb 3, 2021 0
  • Uber
    fishballl

    Go to company page Uber

    fishballl
    I think the point here is that it could even be a down round (fall in valuation)
    Feb 3, 2021 3
    • Uber
      fishballl

      Go to company page Uber

      fishballl
      sry I meant for the initial 1b
      Feb 3, 2021
    • New
      hugh jarse

      New

      hugh jarse
      so you think they raised a down round at $1bn and then an up round 2 days later for another $3bn???? really???
      Feb 3, 2021