I could see Apple buying Stripe.
Yeah, basically. If the founder disagrees with IAC's/Match's valuation, they can come up with their own valuation and the "independent" outside party picks the winner, with no modifications.
I worked for match group as a C-level executive and had a equity structure that was similar, but on a way smaller scale. They use outside firms and a methodology called baseball arbitration to come up with a FMV.…
I could see Apple buying Stripe.
Yeah, basically. If the founder disagrees with IAC's/Match's valuation, they can come up with their own valuation and the "independent" outside party picks the winner, with no modifications.
I worked for match group as a C-level executive and had a equity structure that was similar, but on a way smaller scale. They use outside firms and a methodology called baseball arbitration to come up with a FMV.…