[LRUG] [JOBS] Ruby developer for new startup
Matthew Rudy Jacobs
matthewrudyjacobs at gmail.com
Wed Jul 11 01:11:03 PDT 2012
On 11 July 2012 15:45, Alan Buxton <alanbuxton at gmail.com> wrote:
> if your equity stake percentage starts with a decimal point then it ain't
> going to be life changing, given the amount of time you well have to work
> for it.
>
I think a big exit is too unlikely to think in terms of "expected payoff".
I think of equity more as having a stake in the product you spend all your
time creating.
If that 2.5% of £40 million over 5 years ends up coming my way, then that's
cool.
I can buy my parents house so my dad can retire.
In a similar way, I think having the odd random gamble is also of value,
Add some randomness to your life.
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