It's not What We Own - It's Whether It's Liquid

Share:

Listens: 0

Startup Therapy

Business


In today’s Startup Therapy Podcast, Wil and Ryan talk about liquidation probability. Many Startup founders make the wrong decision to lose interest in what they currently have and start pursuing something else in the hopes of a much bigger outcome, completely skipping the part where they first have to gauge the probability of success.  Sign up for the Startups Newsletterhttps://www.startups.com/newsletterResources: Startup Therapy Podcast  https://www.startups.com/begin Join our Network of Top Founders  Send an email to therapy@startups.com  What to Listen For 00:00 Intro 00:13 You should be more concerned about what you don’t own 05:40 The probability of liquidity is so low 09:06 The probability of your Startup getting liquidated and then liquidating the next 12:52 Important numbers: probability, equity that you own, and the value of equity   17:30 When the money you sold for is sitting on a preference 20:02 Probability should change the likelihood that you would sell  22:55 Always go with probabilities over percentage 26:57 We give up what we have and latch onto something with low probability 32:56 You only have so many years of peak earning potential