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Holding onto shares you are granted is one of the most reckless things you can do financially. Whenever you are granted shares, ask yourself the following ques
by hueving 10y ago
Holding onto shares you are granted is one of the most reckless things you can do financially.
Whenever you are granted shares, ask yourself the following question. If you were given the equivalent amount in a cash bonus, would you use that cash bonus to buy stock in a single company?
For every Apple example, there are 100+ cases where people held onto their shares and rode them right into company bankruptcy, at which point they lost all of their bonus AND their job.
- astrodust 10y agoThe highway of failures in Silicon Valley is littered with burned out husks of companies. They should put up little memorials to them. You could reflect on these things while coming into the lobby. "Huh, Pets.com and Flooz both had office space here once..."
- techdragon 10y agoPerhaps they could be a sort of memorial highway, every few miles "sponsored"/"in memorial of" a different dead company... so all the employees can be reminded what might await them at the the other end of their commute.
- aptwebapps 10y agoMaybe an AR app with overlays of old signage ... makes me wonder if anyone's done much with AR with historical data. Could be neat.