> It doesn't matter what they might be worth in 10 years if their current value is ~zero and a founder wants to divest them now. But the current value of share

> It doesn't matter what they might be worth in 10 years if their current value is ~zero and a founder wants to divest them now. But the current value of shares is intimately tied to what their expected future value is. Indeed in the absence of an acquisition or IPO this is the only way to determine the current value of shares. And if different people disagree on their expected future value, they will disagree on their current value.