stock options
2 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Mar 21, 2024 by Bill Gurley · across every show →
Everything said about stock options, oldest first
Mar 21, 2024
Gurley: Startup option dilution drops from ~10% early on to ~3% near IPO
“When a startup would get started in early years, you might have as much as, say, 10% dilution from options. You might hire three executives during that year, and it's a big grant, but then as you move towards being public, people would typically, and these are…”
Mar 21, 2024
Gurley: Black-Scholes values one RSU at roughly 2.5 to 3 options
“There's an argument from Black Shoals that a single RSU is worth about two and a half or three options. So if you could switch From these options to an RSU, this investor thought dilution might drop from, say, four percent to 1.2% or something like that, and t…”