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0 pointsraptorraver7y ago0 comments

Equity isn’t money, it’s a lottery ticket.

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4 comments · 1 top-level

maximilianroos7y ago· 3 in thread

Lottery tickets are worth more than $0

emilecantin7y ago

Yes, but not much more. E.g: I can go right now get a ticket for a $50M prize for 5$.

How much do you pay for equity (in the form of reduced salary), and what's the expected upside?

learnstats27y ago

And I would value that lottery ticket at about $1 today - with the understanding that: a) the face value is over-stated by around 100%, and b) I have no hope of riding out the variance, so the gamble is a poor one for me.

patrickthebold7y ago

Some are. Most aren't.

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