VC startup $100M exit nets 4 cofounders $47 per hour after dilution and taxes
Imagine having 4 cofounders at a VC funded startup 🥹
Selling for $100M
Diluted to 10% ownership by VCs
Tax takes 50%
Go home with $1.25M cash after 6 years working 7 days a week 12 hours per day or $47/hour
Many people on Upwork make more than that!
P.S. I'm on Twitter too if you'd like to follow more of my stories. And I wrote a book called MAKE about building startups without funding. See a list of my stories or contact me. To get an alert when I write a new blog post, you can subscribe below:
