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Re:Guide to Your Equity by lojack on Friday October 09, 2015 @02:53PM (#10362489)
Wouldn't a third alternative be to sell the options to someone who could afford to purchase the shares? Or are they non-transferrable?
Re:Guide to Your Equity by tptacek on Friday October 09, 2015 @03:08PM (#10362575)
They generally aren't transferable, and the market for shares in these kinds of companies ("startups that aren't demonstrably on the trajectory of a Stripe or a Twilio") isn't liquid.
Re:Guide to Your Equity by gkop on Friday October 09, 2015 @05:24PM (#10363352)
Yes, and there are investors that specialize in these purchases, eg. http://www.esofund.com/ .