Even with all that information, my understanding is the possibility remains that upon acquisition, shares are not necessarily worth anything. Even if the acquisition price is beyond the liquidation preferences, the terms of acquisition can still override whatever "value" your stock options may or may not have.
The fact of the matter is, as a line level employee, you have no leverage and no influence on your exit outcome. The only reasonable assumption is that your shares are worth $0, unless you have something in writing that says otherwise.
I think IPO is more straightforward, and presents a better opportunity to see some reward. But post-IPO lockup is usually 6 months?
Comments
Even with all that information, my understanding is the possibility remains that upon acquisition, shares are not necessarily worth anything. Even if the acquisition price is beyond the liquidation preferences, the terms of acquisition can still override whatever "value" your stock options may or may not have.
The fact of the matter is, as a line level employee, you have no leverage and no influence on your exit outcome. The only reasonable assumption is that your shares are worth $0, unless you have something in writing that says otherwise.
I think IPO is more straightforward, and presents a better opportunity to see some reward. But post-IPO lockup is usually 6 months?