Reply to Job isn’t as lucrative as other jobs, golden handcuffs.

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I love how you think that an app with a pretentious name can value your private company options/equity. It’s just a nice way to present the investors internal valuation, it doesn’t represent a real market price nor the reality of when they will have liquidation event.

If he could make $200k more for same effort, I would go with bird on the hand.[/quote]

Oh for the love of god, if you have no clue what you are talking about, don’t give advice.

Carta is nothing but a platform to store your shares and report your position. They manage things like option excercise. They don’t value your shares for you.

By law a company has to obtain a third party valuation of their stock every year or if there’s any material events.

This is done by accounting firms, typically specialized ones.

For a variety of reasons, usually, the firms will want to make this number lower not higher, because it sets the price of the options.

By default Carta uses this number, the actual value of the shares is usually higher. Sometimes much higher.

So OP has 4M of options. What they should do is find out what the strike price is and how long they have to excercise them if they leave. And it’s also unclear if it’s vested. [/quote]

The strike price is a little over a dollar. Shares are over 550k. 90 days. 
It’s single trigger vested if the company is acquired.

[/quote]

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