I saw stories where people made huge money in 10s of millions from ipo like snowflake, DoorDash etc. How much have you lost from peak? Or you guys did exist all your rsus. Heard from a friend who got $3M from dash ipo and is now only $1M worth.. #tech #doordash #snowflake
Can your friend give me a “small loan” of $1M?
1.1m lost. Originally 1.5. Is now just under 400k. baby numbers Edited for clarity
darn. why your friend didnt cash them out
Why don’t people cash in gains and actively strategize?
May be because of taxes?
Volatility beats taxes in the stock market of last 2 years
Obviously you don’t know when to cash out right. Especially when you believe in your company, which you do
Looks like very few people in this category. Nice
800k last November 61k as of today. Was thinking of buying an apartment last year, but decided to hold off and not pay capital gains. FML. (I know value of $$ here is relative, so for reference, 800k really is a lot to me).
Anyone who says 800k is not a lot is either dumb or lying.
That’s a lot. I am with you in your pain. Hope we come back up from this soon
Your poor friend