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This is an extreme case but the issues are not that uncommon in tech. Most employees with “equity” are not in a good place to know what that equity might actually be worth... and it’s very common for it to be worth far less than one thinks. All the covenants with founders, early investors, debitors and others are often not known by the common minion employee options/share holder. Yet those details typically determine if said employee will make a lot, a little or nothing at all at a liquidity event.


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