[thorwasdfasdf]

I worked at a startup for 5 years. the company recently had been valued at 700Million but only had 1 secondary offer, where I sold as much stock as they would let me (15% ~ worth roughly 6k pretaxes).

And when I left I had more stock options than anyone else there. But, the fact that they didn't have more liquidity events and the fact that I couldnt sell more of my stock, is kinda of a red flag. If no one else in the market wants the investment (no liquidity events), it's usually a bad sign. It was a pretty easy decision to not buy the rest of it. I think most of my coworkers bought theirs. Of course, it turned out they were all worthless.