|
|
|
|
|
|
by thauck
4944 days ago
|
|
|
I know MBAs get shit on a lot around here (and I am not one, but close) this really is a simple expected value proposition. Something an MBA is introduced to early. On the one hand he can sell his start up for a thus undisclosed amount of money, on the other he can continue on and have some expected payout (could be 0 could be a lot). If `expected sell amount` < `continue amount when sold`, continue, else sell. Certainly you have to consider time value of money, the future opportunities of having financial security. Given the stats presented (2% of comp sell for > 2 million) we could deduce a lower threshold for what he sold for assuming the above behavior... but really he did what was best given the circumstances... Congrats |
|
|