For a few brief moments, my stock holdings in my former employer were hypothetically worth $5 million. This is the wild story of how I realized less than 1% of that value.

I’ll be pretty specific about some of the numbers, because equity compensation is a mystery to most people. Until I went through this, I never knew what’s possible and what’s normal. It’s a very complicated topic, but I hope that by sharing a real world situation, someone else might be able to learn something useful.

Continue reading “$5 millionaire for a week: riches to rags in the startup world” →