AppDynamics got acquired for $3.7B; a 99%-ile startup exit. Sounds like ppl who joined 2-3 yrs ago got equity =~ $300k-$400k over 4 years?
I don't really read finance documents on a regular basis. Would be curious to know if I have some kind of naive typo or error here.pic.twitter.com/SERHs2egoy
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Whoops, the total was $3.7B not $3.6B, so there's one error already.
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the $300k-$400k comes from backchannel communications, not the S1; just thinking out loud and trying to square the numbers.
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I think you might be double counting there, some of the directors are also VCs
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oh good point!
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Maybe page F-32 is a better way to estimate this? Shows 14M stock options (at avg $3.48 exercise price), 22M RSUs. So ~$900M.
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