> Additionally, tender offers are not guaranteed to happen and the cadence may also not be known.
> PPUs also are restricted by a 2-year lock, meaning that if there’s a liquidation event, a new hire can’t sell their units within their first 2 years.
i know for a fact that these bits are inaccurate, but i don't want to go into the details.
the profit share is not known but you are told what the PPUs were valued at the most recent tender offer
i know for a fact that these bits are inaccurate, but i don't want to go into the details.
the profit share is not known but you are told what the PPUs were valued at the most recent tender offer