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I'm not following how you're drawing a 4x valuation from vesting, but I'll admit that my head is in an SSL3 negotiation bug I'm grappling with while posting, so maybe I'm crazy.

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She'd only get 1/4th of that equity per year, and the salary is given in a yearly amount.

Oh, right. Of course. See, I was crazy.

Thanks!

$20k/year over 4 years = $80k

Technically, it'd be $20k/year over 4 years, discounted at some reasonable rate, say...crap. So, $80k.

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