Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Adult Children
Reply to "If your kid is more successful than you"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I don’t think you should feel obligated…although surprised you have so much NW and yet you have never made $500k per year. I think the question is do you plan to leave all the $$$s to your kid? If so, not sure there is much difference in paying for the wedding vs just leaving more to the estate later on. I was far wealthier than my parents…like my NW was 20x their NW, so I took the lead in telling them to just enjoy the wedding and not contribute. My own kid is early 20s, but on paper worth a ton due to lucking out in the startup game…we will see what happens if that paper money becomes real money.[/quote] Early 20s and lucked out in the startup game? Lol. You mean the one with peak valuation rounds in 2021 that re-rated down from that by half and has no one IpO market. And even when it goes public there are 5+ years of illiquidity for insiders. [/quote] Well they just raised a Series B at a $2BN valuation (like this month) and my kid owns 1.5%. Assume you can do the math. It will likely be an acquisition not an IPO. Why so angry? I said it’s on paper, not yet real money.[/quote] No ones angry. Most startups don’t survive and the last three years were brutal, even for unicorns. Good luck. Hope they have very smart investors. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics