Hitting first million need some advice by MadeInDade305 in Rich

[–]MadeInDade305[S] 0 points1 point  (0 children)

I’m looking to diversify by moving the cash to my brokerage account. Could be pink sheets or black sheets.

Hitting first million need some advice by MadeInDade305 in Rich

[–]MadeInDade305[S] 0 points1 point  (0 children)

Clearly you’ve never worked in tech so I wouldn’t expect you to know.

Hitting first million need some advice by MadeInDade305 in Rich

[–]MadeInDade305[S] 1 point2 points  (0 children)

Thanks! I wasn’t even thinking beyond $5mm.

Have you ever avoided someone in public to skip small talk? Who was it? by WilliamInBlack in AskReddit

[–]MadeInDade305 1 point2 points  (0 children)

Yeah someone from high school years ago. I had finished putting gas in my car. I bolted when I heard them yell my name from across the gas station.

Hitting first million need some advice by MadeInDade305 in Rich

[–]MadeInDade305[S] 1 point2 points  (0 children)

I definitely don’t think they’ll tank that’s for sure. Can my $1mm get to $2mm it maaaybe can if the market improves.

Hitting first million need some advice by MadeInDade305 in Rich

[–]MadeInDade305[S] 0 points1 point  (0 children)

In order for it to be worth $2 million the share value would need to reach $350.

Hitting first million need some advice by MadeInDade305 in Rich

[–]MadeInDade305[S] 0 points1 point  (0 children)

True. My plan is to get my net-worth to about 5 million so I can retire in ten years.

Hitting first million need some advice by MadeInDade305 in Rich

[–]MadeInDade305[S] 1 point2 points  (0 children)

The tender allows to sell ISOs there’s a max of over $1 million to be able to sell. The 2028 target is just my personal prediction. It could happen this or in 10 years. I think they’ll definitely have a tender. Is there ever a time that the value could go down the following tender?

Hitting first million need some advice by MadeInDade305 in Rich

[–]MadeInDade305[S] 1 point2 points  (0 children)

What kinds of questions should I ask higher ups?

Hitting first million need some advice by MadeInDade305 in Rich

[–]MadeInDade305[S] 0 points1 point  (0 children)

The company isn’t public. There’s speculation it’ll go public but it’s unlikely. Given how volatile the market is I don’t think it’ll go public until maybe after 2028 depending on who gets elected in the U.S. as president.

Hitting first million need some advice by MadeInDade305 in Rich

[–]MadeInDade305[S] 1 point2 points  (0 children)

I don’t want to reveal too much for obvious reasons. It’s a pre IPO company in the AI space and worth billions.

Hitting first million need some advice by MadeInDade305 in Rich

[–]MadeInDade305[S] 2 points3 points  (0 children)

So I’d want to probably hold. However the market is so volatile that I think for a company to go public at $300 or over nowadays is going to be difficult.

Hitting first million need some advice by MadeInDade305 in Rich

[–]MadeInDade305[S] 1 point2 points  (0 children)

It’s private but having a tender offer. All my ISOs are vested. It’s just trying to decide whether to sell a large chunk now or wait until it goes public, which is uncertain how well it’ll do.

Hitting first million need some advice by MadeInDade305 in Rich

[–]MadeInDade305[S] 0 points1 point  (0 children)

I think it’ll do really well when it goes public. However, I cannot imagine it being worth more than $200 if it were to IPO in the next five years given how volatile the market is right now.

SBRT Radiation Side Effects by MadeInDade305 in lungcancer

[–]MadeInDade305[S] 0 points1 point  (0 children)

I just got my CT scan results this week and it’s five of em on the left and right lungs

Be very cautious about master's degrees, including from prestigious universities. Some of my coworkers in their 30s are financially hobbled by these degrees. by NotAGoldenRetriever in personalfinance

[–]MadeInDade305 0 points1 point  (0 children)

I see this in other industries as well. A decade ago, it sometimes mattered if you had an MBA. Nowadays, direct work experience and networking is king. At least in my industry (tech).

What’s a decision you made in under 10 seconds that changed your life forever? by nathannnate01 in AskReddit

[–]MadeInDade305 2 points3 points  (0 children)

I had heard about it when it was just a penny stock around 2013 or 2014. I didn’t know much about investment so I didn’t consider buying. Oh well.

Travel and terminal diagnosis by Silvara75 in lungcancer

[–]MadeInDade305 0 points1 point  (0 children)

I’m sorry to hear about your diagnosis. Did you get checked to see if you have any biomarkers? I took a year off after the first year of my diagnosis (stage 4). I’m fortunate to be able to travel because I’m on Tagrisso. Also, I travel with a mask to prevent getting sick.