for an employee to get rich at a startup...and by which I mean $1 million cashout(which isn't really all that rich anyways)...the company would need to sell for

for an employee to get rich at a startup...and by which I mean $1 million cashout(which isn't really all that rich anyways)...the company would need to sell for $100mm...and much more likely, the number is closer to $250mm...since employees tend to get ~ half a percent of equity..and that's early employees...so the number is even lower for those that come in later. So sure, there are billion dollar companies where employees get millions...but those are rare...almost as rare as the number of people who make millions playing the lottery