Using private tech company stock options to venture out on your own

“At first, I found myself feeling bound to equity options that I believed could not be cashed out. I weighed risk-aversion to costs of exercising options, and in doing so employed a fundamentally flawed assumption: that these options lack value until there is an IPO or an acquisition. What my experience shows is that private stock shares can indeed be sold. It does require...

Using private tech company stock options to venture out on your own

“At first, I found myself feeling bound to equity options that I believed could not be cashed out. I weighed risk-aversion to costs of exercising options, and in doing so employed a fundamentally flawed assumption: that these options lack value until there is an IPO or an acquisition. What my experience shows is that private stock shares can indeed be sold. It does require...