Chapter
Beware of Exercising Stock Options in Private Companies
52:25 - 59:04 (06:39)
Employees who exercise their stock options in private companies should be cautious and conduct thorough diligence before buying the stock, as the company's actual value may not match expectations when it goes public.
Clips
The book Sapiens made an impact on VC thinking, as it highlights the power of narratives in defining human societies.
52:25 - 54:07 (01:41)
Summary
The book Sapiens made an impact on VC thinking, as it highlights the power of narratives in defining human societies. Venture capitalists are placing bets with other people's money, and longer locking periods on management team stocks could be beneficial.
ChapterBeware of Exercising Stock Options in Private Companies
EpisodeE43: Innovative venture strategies, Zymergen's implosion, Square acquires Afterpay, future of fintech & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Investors should focus on product demos instead of PowerPoint presentations while funding narratives make sense in the early stage of investments, especially for companies that can show traction and growth on real metrics.
54:07 - 56:18 (02:11)
Summary
Investors should focus on product demos instead of PowerPoint presentations while funding narratives make sense in the early stage of investments, especially for companies that can show traction and growth on real metrics.
ChapterBeware of Exercising Stock Options in Private Companies
EpisodeE43: Innovative venture strategies, Zymergen's implosion, Square acquires Afterpay, future of fintech & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Investors take a detailed look at a startup's diligence and cap table, as well as accounting, bank statements, incorporation docs and IP assignments.
56:18 - 59:04 (02:45)
Summary
Investors take a detailed look at a startup's diligence and cap table, as well as accounting, bank statements, incorporation docs and IP assignments. Employees who exercise stock options also run the risk of paying taxes based on the stock's market value.