Nope, illiquid, so it’s still something of a gamble (although in my opinion a much surer thing than the average startup). So the expected value is something less than the nominal figure, but still very large, with some variance.
EDIT: I’ve also heard there’s a secondary market for private co equity that I could maybe use to liquidate early if necessary, but I don’t know where that stands legally and don’t even know who is talk to to figure out if that’s an option.
I started out with around 1% of a company that's now valued at a few 100 million dollars. I just don't see it going public and if we do get acquired I'm not sure I'll see much of it after the investors get paid.
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Nope, illiquid, so it’s still something of a gamble (although in my opinion a much surer thing than the average startup). So the expected value is something less than the nominal figure, but still very large, with some variance.
EDIT: I’ve also heard there’s a secondary market for private co equity that I could maybe use to liquidate early if necessary, but I don’t know where that stands legally and don’t even know who is talk to to figure out if that’s an option.
I'm also rich on paper.
Based on the details provided in your sibling comment, sounds like you aren’t? I don’t think our situations are the same.
I started out with around 1% of a company that's now valued at a few 100 million dollars. I just don't see it going public and if we do get acquired I'm not sure I'll see much of it after the investors get paid.
your company has to allow it.