Worth noting that sometimes this is not “We will not tell you.” it is simply “I don’t have that information.” A fair response is: “OK, table that question for the moment, but I’d appreciate you asking your CFO for it. You have my email address; they have those numbers.” https://twitter.com/chrisalbon/status/1188317041737945089 …
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Should they have that information? *sigh* Probably, but some observations about candidates: * many are not savvy about equity * many don’t particularly care (when you say “I always value equity at zero” what is employer’s rational response?) * some of them join Recruiting
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Incidentally, in the case where someone says “I can’t tell you what the equity is worth”, read that like “I can’t negotiate salary”: it’s a negotiating position, and abandonable for any candidate they want to close.
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Replying to @patio11
Do you have advice for getting information about liquidation preferences and ratchet conditions without just verbal or email confirmation?
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Replying to @alth0u
Not clear to me what you’re going to get there other than verbal or written confirmation about what you’re asking about. Do you think they’re going to share their actual investment docs? Virtually no candidate asking to see those is competent to read them.
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The highest degree of surety you’re going to get is “I’d like to speak briefly to your CFO because I am sophisticated about equity valuation and have some drill down questions. Can I?” (“No!” is a useful answer) and then asking them directly.
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