4 ms·
I joined a startup in the late 80's. By the top of the bubble in the spring of 2000, I had pre-tax equity on the order of ~$10 million. Pretty good for a grunt
by TheGrassyKnoll 12y ago
I joined a startup in the late 80's. By the top of the
bubble in the spring of 2000, I had pre-tax equity on the
order of ~$10 million. Pretty good for a grunt in a cubicle.
I was not a manager or any kind of super-star engineer.
Within a year, I was laid off and the stock had tanked 95%.
I had broken all the rules of investing and rolled up a nice
pile, but eventually got burned big time.
I would estimate my gross proceeds from stock sales at a
little less than $1 million over about 10 years.
Shoulda, woulda, coulda...
- fapjacks 12y agoYes, this is also my story from the turn of the century. I still work in startups, but also I jump out of planes for fun. Money like the kind in this thread has nothing to do with my life choices anymore.