> So he'll be worth $50M in a few years with Gumroad. That's my best guess, yes. > Meanwhile his investors lost all the millions they invested. Well, some so

> So he'll be worth $50M in a few years with Gumroad. That's my best guess, yes. > Meanwhile his investors lost all the millions they invested. Well, some sold his equity back to him for $1, so yes. > His employees lost all the time and vesting. Well the employees could have exercised their grants when they were laid off, but I doubt they were inclined to double down on what was then a failing company. > That's why it's way to dangerous to just follow any guy and do a startup and waste a few years of your life. I mean, the employees got paid all along the way, and probably not that much less (if any) than they would have working for another company, and they got to work on something they loved. Sad that it didn't work out. These things are risky, but having worked at startups and not gained anything from the equity I would do it again in a heartbeat.