tracker2020's comments

On: Ask HN: Need help in understanding private equity offer

[tracker2020]

$70M valuation makes more sense.

Only 10K shares feels very low though if there are really 607M outstanding shares (seems too high). It's Seed-Series A, your friend should be getting at least 0.1% even as a junior IC: : https://topstartups.io/startup-salary-equity-database/

[nivertech → tracker2020]

IMO something is wrong with this database: most of the pre-seed startup entries have market* salaries.

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*) might be below today's market, but still not something a pre-seed startup could pay their employees.