* CEO salary is pretty high at $933,072 - I feel like normally you see CEO salary top-off at $400k and then majorly weighted with equity.
* Redpoint, their Series A investor, sold out of the majority (maybe all?) of their stock in 2018: "In March 2018, we entered into a Stock Redemption Agreement with Redpoint Associates IV, LLC and Redpoint Ventures IV, L.P. (together, “Redpoint”) pursuant to which we repurchased 1,616,947 shares of our Series B Preferred Stock, 46,952 shares of our Series B-1 Preferred Stock and 118,251 shares of our Series C Preferred Stock from Redpoint for an aggregate purchase price of $43,605,464. As a result of the repurchase, Redpoint no longer beneficially owned more than 5% of our capital stock or had the right to designate a member of our board of directors."
Comments
Two interesting things I noticed:
* CEO salary is pretty high at $933,072 - I feel like normally you see CEO salary top-off at $400k and then majorly weighted with equity.
* Redpoint, their Series A investor, sold out of the majority (maybe all?) of their stock in 2018: "In March 2018, we entered into a Stock Redemption Agreement with Redpoint Associates IV, LLC and Redpoint Ventures IV, L.P. (together, “Redpoint”) pursuant to which we repurchased 1,616,947 shares of our Series B Preferred Stock, 46,952 shares of our Series B-1 Preferred Stock and 118,251 shares of our Series C Preferred Stock from Redpoint for an aggregate purchase price of $43,605,464. As a result of the repurchase, Redpoint no longer beneficially owned more than 5% of our capital stock or had the right to designate a member of our board of directors."