You need to ask for more than just outstanding shares, but about also liquidatio... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		grimlck on March 4, 2015 \| parent \| context \| favorite \| on: If you have startup stock options, check your opti... You need to ask for more than just outstanding shares, but about also liquidation preferences and convertable notes as well. Otherwise, you won't get a true understanding of the value of the options.

tieTYT on March 4, 2015 [–]

I just assume it's common stock if I'm not a founder/exec. Is there a lower liquidation preference than that?

I'll have to research what convertible notes are.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact