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by tptacek 697 days ago
I don't care; as far as I'm concerned, that argument is isomorphic to "would $1MM literal dollars be enough for what they saw, or should the number be higher". Maybe. But the right to buy shares is not really a meaningful distinction to the simple issuance of shares in this historical context. That's all I'm arguing.
2 comments
rsanek 697 days ago
in retrospect? sure. at the time? radically different.

just ask your average sv startup employee if they think options and RSUs are the same

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tptacek 697 days ago
Options and RSUs are both universally acknowledged as consideration. That's all I'm arguing. Should it have been $1MM in stock, or $50MM, or $200k? Hell if I know.
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viridian 697 days ago
What? It absolutely is.

One has a face value of $1,000,000.00

The other has a face value of $0.00

If Apple offered me one of these right now it would completely change my life, and the other would be something I wouldn't even take them up on.

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