27 ms·
Always treat startup equity as 0 until you've sold it.
by haxton 1y ago
Always treat startup equity as 0 until you've sold it.
- edoceo 1y agoCorrect. The motivation for equity comp should be more of "I want to change the world" than the "I want big money". The odds are very against it. Here's some older stats (2017) https://berkonomics.com/?p=2899 https://berkonomics.com/?p=2899 But searching, you'll find loads more studies on startup/angel/seed. It's like, optimistically, 1/20
- Oarch 1y agoGood advice! Thankfully I do want to change the world (for the better I hasten to add) and so far so good.