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by SaberTail
1731 days ago
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You are not being given X, you are getting paper that lets you pay X to get shares worth X. Their value is zero. At best, they're a lottery ticket. You can look at something like http://www.valuation.vc/ that uses data from other startups, to get an idea of what your odds are that they'll ever be worth something. Usually the odds are not very good. |
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