Probably still too expensive if it's bleeding cash and was just throwing away $2 to buy $1 of revenue
Does that mean most employee equity in Lacework will be worthless due to the significant discount?
They raised 1.9B apparently so even investors would lose a lot of money if such a deal closes. Employee/founder non-preferred equity doesn’t get paid until all investors get paid
Yes, that is inevitable given this level of shrinkage in valuation.