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How to protect your stock option in a unicorn startup

Virgin and Unicorn (A Virgin with a Unicorn)

If you work for a startup that has received a $1bn valuation (a so-called 'unicorn'), you must consider how potential changes in its capital structure will affect your stock option, writes Scott Belsky for Business Insider UK.

Many employees or prospective employees don’t know everything they need to know about the potential long-term value of their stock options, and do not even attempt to find out. “To bring this home, it’s like negotiating your salary without specifying the currency you’re being paid in,” writes Belsky.

Don’t be complacent. Make sure your company’s new financing agreement works for you by asking your company’s CEO these seven questions:

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