3 ms·
Exactly because you really are not. By the time you get diluted you effectively are a stockholder with way too much of your net worth locked into one likely ex
by moocow01 14y ago
Exactly because you really are not.
By the time you get diluted you effectively are a stockholder with way too much of your net worth locked into one likely extremely volatile company. If you are lucky enough to be in a succesful startup you still have to survive the inevitable whiplash when your liquidity frees up.
Ironically and sadly I have a couple old-timer friends who have been through IPOs where they have lost money on the whole damn thing mostly due to taxes and poor timing.
- aaronbrethorst 14y agoTreating employee-level equity as anything other than the chance for a nice bonus some day is a sucker's game. Especially for early employees who'll take a significant haircut on salary for the privilege of getting "points on the package" (to quote The Wire) Edit: and that really sucks for your friends. I feel bad for them :(