3min chapter

LEVELS – A Whole New Level cover image

#84 - Startup Equity 101: ISOs, NSOs, RSUs, Secondary Sales, & other things you should know | Henry Ward, Sam Corcos, & Zac Henderson

LEVELS – A Whole New Level

CHAPTER

Do You Do Secondary Transactions by Four Nine A?

T were trying to think about the implications of company at our stage doing call at twice a year secondary sales. I was talking to vene started loom in, thinking about, from the founder side, what would be the reason not to do this. There are questions around how it impacts four o nine a, and how that reflects the value of i s versus r s us. And should you switch to those earlier, what the chances are that the forenine a price will converge if you do regular secondary sales. Also something around the compensatory implications, as relace to accounting, on whether these secondary sales trigger some different accounting mechanism on how those grants are calculated,. So i assume these

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