-11%

est. 2Y upside i

We pioneer solutions to end the global housing crisis by empowering…

Rank

#2570

Sector

Human Services - Housing

Est. Liquidity

~5Y

Data Quality

Data: Low

New Story is a high-growth, profitable non-profit, but equity compensation is highly uncertain due to no established valuation or liquidity.

Last updated: July 19, 2026

Bull (25%)+60%

If New Story scales its market-based model and attracts strategic acquisition interest (e.g., from a larger housing nonprofit), revenue could reach $31.6M with a 1.5x multiple, yielding 60% upside on a $50M entry valuation.

Base (55%)-10%

Revenue grows to $31.6M but multiple compresses to 0.9x as growth decelerates, resulting in a 10% decline as the entry valuation was likely inflated by donor optimism.

Bear (20%)-90%

Without a clear exit path for a non-profit, equity becomes nearly worthless; if New Story requires additional funding, common stock may be wiped out by preference stack (none here) but liquidity is absent.

Est. time to liquidity~5.0 years

Preference Stack Risk

low

Funding Intensity

160%

No preferred stock exists; all funding is grants/donations with no liquidation preference.

Dilution Risk

low

As a non-profit, new funding typically comes as grants, which do not dilute equity; employee equity is likely phantom stock or similar.

Secondary Liquidity

none

No secondary market exists for non-profit equity; employee equity is unlikely to have any liquidity.

View all 2 open roles at New Story →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “How does New Story plan to scale its market-based model while maintaining its non-profit mission?”

  • 2

    “What is the long-term capital structure? Will there ever be equity-like instruments for employees?”

  • 3

    “What liquidity options do employees have for their equity, if any, given the non-profit status?”

Community

Valuation Sentiment

Our model estimates -11% 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.