Our Stock Option pledge
I appreciate the thinking here and message but am concerned about this line "This will cost a few hundred dollars at most".<p>Clearbit has raised a $2M seed round from top-tier investors implying a post-money valuation likely over $6M. A conservative FMV of the common shares would suggest a $1.2M valuation. To exercise a 0.5% of total equity grant would cost $6,000. Something doesn't add up here.<p>If I am correct, will Clearbit help its employees exercise their options?<p>See: <a href="https://www.fenwick.com/publications/pages/playing-with-fire-loans-to-exercise-options.aspx" rel="nofollow">https://www.fenwick.com/publications/pages/playing-with-fire...</a>