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by fsk
4434 days ago
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Yeah, you don't have enough information to decide. 1. What was the strike (and market cap/valuation) when you got your options? 2. What was the acquisition price per share? How many shares are outstanding? 3. How much did you get diluted when they raised money? Include liquidation preferences. 4. Is there any accelerated vesting clause on acquisition? Can they fire you and you get nothing? The fact that they haven't tried firing you to cheat you suggests your options aren't worth much. Lesson for next time: When you are offered options as part of an employment agreement, ask for a written contract and ask for details! Even if you do have a good written agreement, you can still be ruined by liquidation preferences given to new investors after you join. |
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