Comment by opmelogy
3 years ago
There are exceptions right? Stripe isn't public yet I'm pretty sure there are ways to sell the stock that's accrued. I remember something about them opening up a way to sell your shares and since I get pinged on LinkedIn every so often about it I'm assuming it's a thing.
Only at a deep “we buy ugly houses” type of discount and only if the company allows it and if there is a market for it. Like I said earlier, I know the value of my “equity” in a publicly held company:
=GOOGLEFINANCE("AMZN", "price")* (number of shares).
I can log into Fidelity and sell my shares during hours when the market is open and not at a discount.
> Only at a deep “we buy ugly houses” type of discount and only if the company allows it and if there is a market for it.
This is incorrect. There is often significant unmet demand for private successful companies. Employees can often sell at close to what investors end up paying for it.
A startup that isn’t making a profit is by definition “not successful”.
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