[SoftTalker]

Even you you had cleared the cliff the equity is going to end up worthless 90% of the time.

Equity is a carrot that you usually never get, like the donkey you just keep chasing it.

[andytratt]

equity is ownership, period.

[SoftTalker]

It's only worth what someone will pay for it. And often there are no buyers.

[andytratt]

sounds true. i wouldn't know

[SoftTalker]

I've had equity in a couple of start-ups. None of it ever ended up being worth anything. Remember your equity is a lower priority claim on assets than a creditor has in a bankruptcy.