alt Hacker NewsYou don't need to sell your stake for it to be a winner. It's a winner because his stake in the company is worth significantly more than when he bought it.
You don't need to sell your stake for it to be a winner. It's a winner because his stake in the company is worth significantly more than when he bought it.
Plus the bragging rights: a lot of the angel and VC buzz seems to be about playing for status (versus playing for money).
You see this with celebrities investing, and with the intro "I was an early investor in ____" brag.