(no title)
tednaleid | 12 years ago
Then there are the likely VC liquidation preference multipliers where they'll get a larger piece of the pie.
He's been gone since 2010 so I'm guessing any options he had were exercised so it should be long term capital gains. Figure in taxes and take away any previous exercise costs and I bet it's around 1-1.5 million that he's cleared. A nice sum, but definitely not "yacht-and-helicopter money".
No comments yet.