[elcritch]

Thanks y'all for the context. I was mainly going on the context from that one slashdot link.

If he waited too long to sell and only got a ~$1 million that could quickly become $500k after taxes, especially in CA. Just another case of options/equity being worthless until there's cash in the bank.

[dtaht]

He never cashed out. He got nothing. Just the royalties on his books and the occasional consulting contract.