Midjourney stock & equity tools

Pre-IPO · AI

Midjourney is pre-IPO. Plan your AMT and NSO exercise tax at any valuation: current 409A FMV, expected IPO price, or post-IPO scenarios.

Beta · invite-only · AlphaLatitude Inc. · Free Tools

About Midjourney

Midjourney is a privately held AI company, incorporated in California and headquartered in South San Francisco, CA.

Generative image.

Equity grants at Midjourney typically include incentive stock options (ISOs) and non-qualified stock options (NSOs).

Midjourney is a generative artificial intelligence program and service created and hosted by the San Francisco–based "independent research lab" Midjourney, Inc. Midjourney generates images from natural language descriptions, called prompts, similar to OpenAI's DALL-E and Stability AI's Stable Diffusion. It is one of the technologies of the AI boom.

Source: Wikipedia (CC BY-SA 4.0)

Founded in 2021 by Leap Motion co-founder David Holz, Midjourney runs lean from San Francisco and ships AI image and video generation through a Discord bot and web interface. The company has taken zero outside capital, stayed profitable, and reportedly cleared $200M in annual revenue with roughly 100 employees. V7 landed in April 2025 as a ground-up rebuild with sharper prompt adherence and better coherence, and the V1 video model followed in June 2025, putting Midjourney into direct competition with Runway, Pika, and Sora.

Sources: techcrunch.com · winbuzzer.com · en.wikipedia.org

Equity comp at Midjourney

  • Midjourney is fully bootstrapped with no outside investors and has not issued traditional stock options or RSUs to employees. The company offers profit-sharing rather than conventional equity compensation. Because there are no outside investors, there is no standard IPO path or tender offer mechanism to provide liquidity. Equity planning tools on this page are illustrative only.
  • Early exercise is not allowed: you have to wait for shares to vest before you can buy them.

Researched 2026-05-07.

OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by Midjourney.

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