The exact change
"Equity in a company that fails is worth nothing. I evaluate private company equity heavily discounted based on the stage of the company and its probability of achieving a liquidity event. A junior employee joining a Series A startup should assume there is meaningful probability the equity never becomes liquid." - Startup CFO, discussing equity evaluation for candidates
Equity in a company that fails is worth nothing. Experienced compensation evaluators typically discount private company equity heavily based on the stage of the company and its probability of achieving a liquidity event. A junior employee joining a Series A startup should assume there is meaningful probability the equity never becomes liquid.
Suggested change
De-attributed the quote to plain unattributed prose preserving the underlying claim.
Why this is better
De-attributed the unverified 'Startup CFO' quote to unattributed prose, preserving the underlying claim about discounting private company equity.
More by Emir Baycan in Interviews
- Correction System Design Interview Framework
- Correction Geographic Pay Differences and Remote Salary
- Correction When to Walk Away From a Job Offer
- Correction How to Negotiate Benefits and Perks