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Nope, illiquid, so it’s still something of a gamble (although in my opinion a much surer thing than the average startup). So the expected value is something les
by throwawayeq2 8y ago
Nope, illiquid, so it’s still something of a gamble (although in my opinion a much surer thing than the average startup). So the expected value is something less than the nominal figure, but still very large, with some variance.
EDIT: I’ve also heard there’s a secondary market for private co equity that I could maybe use to liquidate early if necessary, but I don’t know where that stands legally and don’t even know who is talk to to figure out if that’s an option.
- equitylottery 8y agoI'm also rich on paper.
- throwawayeq2 8y agoBased on the details provided in your sibling comment, sounds like you aren’t? I don’t think our situations are the same.
- equitylottery 8y agoI started out with around 1% of a company that's now valued at a few 100 million dollars. I just don't see it going public and if we do get acquired I'm not sure I'll see much of it after the investors get paid.
- jiveturkey 8y agoyour company has to allow it.