4 ms·
Exercising options in a startup that I was convinced wasn't going anywhere but had great tech, and would be a decent acquisition within a year or two. Turns ou
by pianoben 4y ago
Exercising options in a startup that I was convinced wasn't going anywhere but had great tech, and would be a decent acquisition within a year or two.
Turns out, they shook off both their doldrums and their VC-fueled overambition and started throwing off cash. The first dividend check alone quadrupled my investment cost, and they're still going strong.
- HPMOR 4y agoSince most tech companies don't pay dividends, I'm very curious as to which company you're referring to.
- pianoben 4y agoA small tech company whose founders decided that they preferred to take cash out of their startup rather than pursue a VC-desired exit. In other words, they converted their startup into what is sometimes known as a "small business".