this post was submitted on 05 May 2025
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Work Reform

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[–] Critical_Thinker@lemm.ee 2 points 4 hours ago* (last edited 4 hours ago)

Yeah, the nuance is kind of nuts but i've got a relative who had and lost about 5m. Could have cashed out at the 5m number but didn't. Got about 40k at the end of all of it.

Numerous friends who went into startups have somewhat similar things, but few had that much equity available for sale at any time.