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by s1artibartfast 1684 days ago
This might be helpful:

https://carta.com/blog/equity-101-stock-economics/

If your options were priced at the $250 million valuation, and no dilution occurs, the stock value would be 3$*IPO valuation/$250M.

Dilution events are pretty common, even for companies that are revenue positive.

I would recommend viewing the options as a potential windfall, but not part of any compensation evaluation or financial planning.