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[-] Critical_Thinker@lemm.ee 1 points 3 months ago

I've seen this happen to multiple people. Join a startup with good perks, listen to the siren song of "the stock price will go up!" while the owners are out getting offers for their shares, then the owners sell out or the company tanks and you're left with nothing despite having millions just a couple years ago on paper.

The key is to sell out once you have enough that it makes enough to impact your life. 500k or more is enough to escape poverty for almost anybody for life.

Even if you just sold it as it vested you would probably be better off.

this post was submitted on 05 May 2025
392 points (99.0% liked)

Work Reform

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