I sense a lot of bitterness from this post. I don't think you have a full context on history of 409a valuations industry.
Considering the fact that 409a valuations pre carta would cost $10k, $2k doesnt sound like a such an unfair deal. You could always go the legacy lawyer companies route and pay way more for a single 409a valuation.
As for onboarding process - you do need a hell of a lot information to conclude said valuation.
it is circumstantial evidence. Isn't it should be a red flag if one messenger is prohibited in a country with an authoritarian regime, and the other is not?
I mean that's enough for my social messaging. If I'd need to transfer some top secret information, I would use neither of them.
I remember I was really excited about cloud9 online IDE, but it took me about an hour to get back to usual development. So let's give this one a try and go back to usual ones :)
Actually using Durov's messenger app. Have created a couple of personal bots myself, which took less than an hour each.
The only downside will probably be the time when Durov is out of money, and they will start monetizing the platform.
Considering the fact that 409a valuations pre carta would cost $10k, $2k doesnt sound like a such an unfair deal. You could always go the legacy lawyer companies route and pay way more for a single 409a valuation.
As for onboarding process - you do need a hell of a lot information to conclude said valuation.