[adrr]

For the RSUs. Is there a buy-back program for shares? Taxes on these far out weigh the benefit. Carta with $150m of revenue is not worth over $1B and is closer to $500m if it went public right now. Use other fintechs that went public for comparison like Robinhood, Coinbase, Toast etc.

[dilyevsky]

I could be wrong but carta should have much better margins than the two you mentioned so it should be closer to traditional 7-10x saas multiplier. Sometimes there are tender offers for rsus but usually you have to wait for trigger event, I don’t think RSUs are worse than say NSOs

[umeshunni]

Most RSUs are double trigger and don't trigger taxes till an actual liquidity event

[adrr]

I think you'll find that they are rare like NCOs with long expiration dates.

[eggbeater5000]

Not here. Single trigger.

[naandanaan]

where are you getting the rev figure?