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Equity in a bootstrapped lifestyle business is... generally worthless. There's no market for him to sell once his shares vest. He might start to want some divid
by 908B64B197 5y ago
Equity in a bootstrapped lifestyle business is... generally worthless. There's no market for him to sell once his shares vest. He might start to want some dividends and have voting rights but the majority owners can just decide not to make a profit for years reinvesting in the business.
Pretty sure this guy went to business school, watched The Social Network on repeat and think he's dealing with a typical VC funded startup.