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by berberous 2654 days ago
How much is $13k to you, as a percentage of your net worth?

If you believe in blockchain and want to make an extremely risky, but potentially high payoff, bet, I'd personally just split the 13k across BTC and ETH. Those can also go to zero, or grow another 10x+, but you are at least exposed to the entire industry, rather than a single startup. The investment would also be far more liquid, and you could sell at anytime. Even the most successful crypto startup (Coinbase) hasn't done as well as an investment in BTC.

Don't get trapped into overvaluing the options because you already own them. If you had never worked at the company, and they called you today asking to buy 2.3% for $13k, would you do it over buying BTC?

1 comments

This would be my advice as well. If you're determined to throw away $13,500 on some blockchain-themed boondoggle, this is a better drain down which to tip it.

Past performance is no automatic guide to the future, but speculating on Bitcoin has often turned out pretty well. Sounds like speculating on the company you used to work for, by contrast, will have reliably turned out poorly.