Re:Silicon Valley's best kept secret: Founder liquidity
by scruple on Thursday June 13, 2024 @02:46AM
(#40666665)
Hear, hear. My one-time $10M (early employee) eventually cashed out at a low/mid 6-figures. Take the salary I earned multiplied by the years I spent there, add to it the IPO, and then divide by number of years I was there. I could've trivially surpassed that annual salary elsewhere. Lesson learned.
When they finally sold about a decade later I ran the numbers and determined it would have been about $40,000 based on the actual sale price.
There's no guarantee of a $50M exit for anybody.