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Reflecting on My Failure to Build a Billion-Dollar Company

(medium.com)
2101 points jamesjyu | 4 comments | 07 Feb 19 15:28 UTC | HN request time: 0.001s | source
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sixQuarks ◴[07 Feb 19 15:53 UTC] No.19105943[source]▶
Ouch, number 2 employee at Pinterest - a $10 billion company that’s about to go public this year.

He probably would have been worth an easy 100-200 million.

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1. dawhizkid ◴[07 Feb 19 16:52 UTC] No.19106427[source]▶
You are vastly overestimating what even an early employee (esp a jr one) gets at a unicorn. Not that it wouldn't be substantial today, but nothing close to 1-2% of the entire value of the company.
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2. chosenbreed37 ◴[07 Feb 19 17:06 UTC] No.19106525[source]▶
> You are vastly overestimating what even an early employee (esp a jr one) gets at a unicorn. Not that it wouldn't be substantial today, but nothing close to 1-2% of the entire value of the company.

Mmm...based on the valuation even 0.1% would equate to $10 million...not bad ;-)

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3. dawhizkid ◴[07 Feb 19 18:23 UTC] No.19107149[source]▶
you'd probably get around .1% as an early jr person. assuming a 4 year vest period, that .1% will have been diluted to maybe .05%, so assuming a $10b valuation it comes out to $5m. Still not bad, but a far cry from $200m.
4. ◴[07 Feb 19 19:41 UTC] No.19107858[source]▶