4 ms·
This is the sunk cost fallacy. The best option might be to leave and find something else.
by edgefield 4y ago
This is the sunk cost fallacy. The best option might be to leave and find something else.
- s1artibartfast 4y agoThey are talking about the shares, which are already fully owned and liquid. The question is to sell them and invest the cash somewhere better(??) or HODL.
- refurb 4y agoIt's a startup before IPO, so not liquid (unless the company offers to buy-back). This is a great reason to value options at $0 when taking an offer. It's a lottery and you shouldn't assume you'll see any money from then. If you do, it's all gravy.
- s1artibartfast 4y agoYou missed the part where they said they are now post IPO >Her company went public and the stock jumped and then crashed,
- anonymousiam 4y agoOptions are not shares -- they are an option to buy shares at a specified price.
- danachow 4y ago> I gave my Wife money to exercise her ISO's Did you miss this part?
- anonymousiam 4y agoI did not miss it. My reply was to the parent post by s1artibartfast (nice HHGTTG reference), who said; "They are talking about the shares, which are already fully owned and liquid. The question is to sell them and invest the cash somewhere better(??) or HODL."
- danachow 4y agoI still do not understand your objection, since the whole thread has been about shares, not options. The options were already exercised so what they are holding onto are these now likely worthless shares.
- subsubzero 4y agoWe don't need the money so right now its HODL :)