For those of you that have worked at startups that have provided equity, how long if ever did it take to sell off your percentage and why? I have received a 3% stake in the firm but want to sell it as I do not want me getting my paycheck and investing in the same firm for diversification. I have faith in the company but I just do not want the extra risk.

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Posting as :
works at
You are currently posting as works at

Are you asking how long it takes for there to be liquidity?

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More like when to leave when there is liquidity to leave

Depends on the type of equity. If you are still new to the company, it’s better to keep it for a while, looks bad, and honestly, most companies restrict sales until IPO in your agreement. It is basically a lottery ticket, so I understand wanting to cash in asap, but check your policies first and what you are allowed to do.

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Thanks!

You should probably read up on equity, the terms of your equity and what if any buy in requirements you have or don't have. Because even trying to interpret this in the best of ways leave much to be desired.

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Thanks for advice

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