My son was part of a >$300M buyout. His half-percent netted him some hundred thousand. Didn't make up for the lower salary at a startup for the couple of years.

My son was part of a >$300M buyout. His half-percent netted him some hundred thousand. Didn't make up for the lower salary at a startup for the couple of years. The schemes VC's and founders use to skim all the fat are legion. He's now starting his own company, doing something socially useful that he can be proud of. Got a good team and making good progress. Will see MVP in a couple months!