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what is the current alternative to this? How do you gain a lot of equity from a pre-IPO company? Is being a VC the only thing?
by dbancajas 7y ago
what is the current alternative to this? How do you gain a lot of equity from a pre-IPO company? Is being a VC the only thing?
- eanzenberg 7y agoWhy would you want equity from a pre-IPO company? Even for cofounders, who start with let's say ~40% equity, for the duration of their efforts, the majority will have made more money if they were senior leaders at bigger companies. There are opportunities to buy pre-ipo stock, so yes you can just use money.
- vlozko 7y agoJust don’t work for a startup. I did it for 8 years. I know it’s not compared to some but I never made it rich from any of my ventures. Won’t ever do it again now that I’m in a Fortune 500 company. At first it can feel like I’m a number and I can get as passionately involved in a project but I like money. And now I have it and a solid work/life balance.