Thats different than being an uber early employee and knowing your private equity is worth a ton. I also wouldn’t exercise random startup shares unless they were real cheap and I wanted to roll the dice. The uber example is clearer. I’d always rather be a paper millionaire than not a millionaire at all. At least you have the choice to exercise some if you leave, or all if you can afford the loans. Also uber is a bad example since people DID sell their private shares as there was enough of a marketplace for it.
It’s a great problem to have. I’d love to have that problem. Give me that problem. You choose how much to purchase and wait for the wealth to materialize.
I’m sure most people would love to have this kind of problem. Gimme. Gimme.
It’s a great problem to have. I’d love to have that problem. Give me that problem. You choose how much to purchase and wait for the wealth to materialize.
I’m sure most people would love to have this kind of problem. Gimme. Gimme.
It’s a great problem to have. I’d love to have that problem. Give me that problem. You choose how much to purchase and wait for the wealth to materialize.
I’m sure most people would love to have this kind of problem. Gimme. Gimme.
Right, but why exercise the option without next selling it? If you’re quitting, that’s a risk. And AMT is applied on the gains. So your strike is $1, valuation currently at $100 and you pay tax on the $99 gain. Unless it’s Theranos that valuation wont go back to $1, so yes, you’re privileged.
Absolutely agree. It’s a numbers game but the first 9 may not hit but the 10th makes you wealthy. So if you’re on your 6th then you will feel the equity value is worth $0
First, $500/month for each child in France is not that cheap or great, especially as you’re sacrificing earning potential.
Second, we have anecdotal data and you suggest we revamp a trillion dollar industry and incentive structure? Seems like we’re doing ok here, considering more people want to come in from France than emigrate there.