I’ll cut to the chase. I’m an employee at a renowned blockchain startup for 3 years (e.g, Coinbase, Gemini, Alchemy). I have:

20,000 shares
Strike price: $1.50
FMV (based on last valuation): $150 (total worth $3M)

Since the market is in a downturn, it looks like the secondary market price of our shares is at 70% discount ($45). Company’s revenue went down a bit since our last valuation, but we’re still one of the leaders in what we do. Should I hold on to my shares or sell some?

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

Who exactly do you think are you going to be able to sell to?

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There is demand at 70% discount as I mentioned. Secondary market brokers are emailing every week

Keep it, this is the valley of uncertainty for a new financial modus operandi. It takes time and will grow again. Unless you absolutely need the money to survive, selling in a downturn is an easy way to regret it later

likesmart

Hold. Fed can’t raise interest rates for ever. The market will swing in the other direction. Just have to be more patient this time.

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Can you sell half of it and atleast cash in on something? Mitigate the risk

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If you can wait 3+ years and trust your company I'd try to wait

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Bro i lost only 40k but I’m still holding. And it’s my own money

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So you’re situation is nothing like his, is that what you’re saying? And you don’t think OPS shares are his own money either?

No early promos for this one

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