> 1%/500 = 0.002% That would make it 0.00002 > Gigster's equity stake was 20% in a company that exited for $100 million, you'd receive maybe $40,000 So $400

> 1%/500 = 0.002% That would make it 0.00002 > Gigster's equity stake was 20% in a company that exited for $100 million, you'd receive maybe $40,000 So $400 not 40K. Even a 1 billion exit would only net you 4k, assuming your interpretation is correct.