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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I mean, this is the thing with startups. You accept lower cash compensation for the chance of a larger payout down the road. You have to decide what your risk tolerance is. Do you prefer security and relatively knowable compensation? Then a startup might not be for you. Are you young without major financial responsibilities? Are you already wealthy and not in need of a high income? Then a startup can be a great idea.

DH and I have worked for startups that had successful exits. In hindsight it was worth it to stay, but we had LOTS of convos about that tradeoff above. [/quote]

That’s the hard part for us. Typical UMC family living in a HCOL area with young kids. We are doing fine financially but also feel the difference majorly in cash flow and our savings are all tied up in the market and retirement. If we were wealthy already it wouldn’t matter so there have been a lot of conversations. We can do it and ride it out but it means cutting back from our lifestyle in several ways. [/quote]

Say your options are worthless. What happens next? Will you be mad at DH?

If it is no biggie, and you all just move onto next opportunity, and can manage for several years (Uber was private for a decade for instance) at lower income, not sure what your problem is. No one can tell you what his shares will really be worth, but unless there is a secondary market right now they are worth $0. [/quote]

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