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I mean, sure, but that's not really what the commentor meant. They stated "as you go with the decision making"; which really means "don't make financial decisi
by nrmitchi 5y ago
I mean, sure, but that's not really what the commentor meant.
They stated "as you go with the decision making"; which really means "don't make financial decisions based on an assumption that your options are going to be worth what your recruiter says they will be".
> Make some educated guesses on outcomes
I have seen tons of people make "educated guesses", which are all extremely rose-y outlooks. "Even if the company only sells for $30M I'll still own 1%", which completely ignores most of the underlying reasons why your stock will be worth absoutely 0.
Of course if you do understand all of the underlying risk and outcomes, go ahead and make educated models, but the majority of the time people don't even know what they don't know.