4 ms·
"Many smart founders take a little money off the table when they get a large funding round. Early employees don't get that option." it usually takes years to ge
by twostorytower 11y ago
"Many smart founders take a little money off the table when they get a large funding round. Early employees don't get that option." it usually takes years to get to that point.
- Retric 11y agoO, I agree. My point was simply the odds of your stock being worth nothing are slightly less than the odds of your employees stock being worthless. There is a huge temptation for founders to put a lot of their own money at risk. But, from a risk reward standpoint founders are better off minimizing there personal risk ASAP as in rarely impacts the odds of long term success just slightly boost the potential magnitude of that success.