-99%

est. 2Y upside i

Productivity

Rank

#4413

Sector

Software Development Applications, Enterprise Collaboration

Est. Liquidity

~0Y

Data Quality

Data: Medium

The offer of 'Multi equity' is highly problematic as Multi was acquired by OpenAI in June 2024 and its product was shut down in July 2024.

Last updated: March 10, 2026

Bull (10%)0%

The job seeker's 'Multi equity' is a misnomer, and they receive a small, pre-negotiated cash payout or a symbolic grant of OpenAI equity as part of a retention package, representing no appreciation of 'Multi' equity itself.

Base (60%)-100%

The 'Multi equity' is effectively worthless, as the company and its product have been shut down following the acqui-hire by OpenAI. The job seeker's compensation is primarily salary.

Bear (30%)-100%

The 'Multi equity' is entirely worthless, providing no financial return to the job seeker, as the company ceased operations and its assets were absorbed by OpenAI with no payout for common stock.

Est. time to liquidity~0.0 years

Preference Stack Risk

severe

Multi raised $13M in total funding. In an acqui-hire scenario, preferred shareholders typically receive their investment back first, potentially leaving little to no value for common stock, especially if the acquisition price was not significantly above total funding.

Dilution Risk

low

As Multi is no longer an operating company, future dilution is not a concern; however, the existing equity is likely worthless.

Secondary Liquidity

none

There is no secondary market for equity in a company that has been acquired and shut down.

Questions to Ask at the Interview

Strategic questions based on Multi's data — designed to show you've done your homework.

  • 1

    “Could you clarify the exact nature of the equity being offered? Is it in Multi, or is it an equity grant in OpenAI?”

  • 2

    “Given Multi's acquisition and product shutdown, what is the expected value and liquidity timeline for the 'Multi equity' component of this offer?”

  • 3

    “What are the specific terms and vesting schedule for any equity, and how does it relate to OpenAI's overall equity compensation structure?”

Community

Valuation Sentiment

Our model estimates -99% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.