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

26/07/2021 37 min Episodio 124
It's not What We Own - It's Whether It's Liquid

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Episode Synopsis


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/beginJoin our Network of Top Founders Send an email to [email protected] What to Listen For00:00 Intro00:13 You should be more concerned about what you don’t own05:40 The probability of liquidity is so low09:06 The probability of your Startup getting liquidated and then liquidating the next12:52 Important numbers: probability, equity that you own, and the value of equity  17:30 When the money you sold for is sitting on a preference20:02 Probability should change the likelihood that you would sell 22:55 Always go with probabilities over percentage26:57 We give up what we have and latch onto something with low probability32:56 You only have so many years of peak earning potential