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Atlan • 1y

Fun story- I voluntarily ditched a lot of cash appraisal for years and traded it with Esop’s. I had insane belief that our startup will make it and I will be super rich by 28. Lost it all when the startup shutdown. Don’t depend on esop’s, even experienced founders will tell you that esop’s are never guaranteed. It’s paper wealth that rarely converts. Specially in India, there have been multiple instances of founders cashing out but employees getting nothing for their esop’s. Cash is king in downtimes and in other times too most of the times.

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