I know MBAs get shit on a lot around here (and I am not one, but close) this really is a simple expected value proposition. Something an MBA is introduced to early.
On the one hand he can sell his start up for a thus undisclosed amount of money, on the other he can continue on and have some expected payout (could be 0 could be a lot). If `expected sell amount` < `continue amount when sold`, continue, else sell. Certainly you have to consider time value of money, the future opportunities of having financial security.
Given the stats presented (2% of comp sell for > 2 million) we could deduce a lower threshold for what he sold for assuming the above behavior... but really he did what was best given the circumstances...
On the one hand he can sell his start up for a thus undisclosed amount of money, on the other he can continue on and have some expected payout (could be 0 could be a lot). If `expected sell amount` < `continue amount when sold`, continue, else sell. Certainly you have to consider time value of money, the future opportunities of having financial security.
Given the stats presented (2% of comp sell for > 2 million) we could deduce a lower threshold for what he sold for assuming the above behavior... but really he did what was best given the circumstances...
Congrats