[richardFINEman]

If the OP is telling the truth, there is no way he lost money on the stock he bought. The early shares are all up.

[leet_thow]

Not necessarily. There is liquidation preference for the preferred shares.

[brentsabully]

Yep. They are listed as having taken money from Insight Partners, a growth PE firm. You know they negotiated some preferred terms.

[redshirtrob]

For the record, I think op is probably speculating a bit. That said, I'm not sure how you can be so sure op's not losing money unless you have intimate knowledge of the cap table and the deal.

[triceratops]

The acquisition share price is usually told to employees. They probably got the information from current employees. Since they are a shareholder, they'll eventually find out anyway.