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A comment on What I Wish I'd Known About Equity Before Joining a Unicorn. Parent comment

Re:What I Wish I'd Known About Equity Before Joining a Unicorn by krisdol on Wednesday January 18, 2017 @01:04PM (#13428592)
> Now, you have to come to the table with the $100K to exercise and probably another $200K to pay the tax man

But why shouldn't I just come to the table with $10k and taxes, exercise those shares, then use the profits to buy up the remaining shares?

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Re:What I Wish I'd Known About Equity Before Joining a Unicorn by kobeya on Wednesday January 18, 2017 @01:08PM (#13428626)
Because there are no profits because you can't sell the shares because the company is private.
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