More of an emotional issue than financial I think. If the company is
growing and you don't want to use the money somewhere else, I would enjoy
the ride. If you have your eyes on something more fun, take the profits,
rinse, repeat.
Sounds like a good position to be in.
-----Original Message-----
From: Travis Johnson
Sent: Wednesday, April 06, 2016 2:46 PM
To: [email protected]
Subject: [AFMUG] Taking some off the table
Hi,
I'd love to hear some thoughts about when is a good time to take some
money off the table. I know this is a very diverse group and sometimes
the insight here is something you can't get anywhere else. LOL
I invested in a startup company 27 months ago. When I invested, the
company was valued at $1M and I owned 10%. Over the course of time, the
company has taken a few other investments along the way, so I now own
8.27%. The company is now valued at $18M and several private equity
funds have contacted the CEO about buying "secondary" shares of the
company. So, I have the option to "take some off the table".
The company is growing amazingly fast... we just received an offer from
one of the top investment companies in the country that they would
invest up to $25M right now.
So, the question is: When is a good time to sell some shares (even just
to get the original investment back)??
Travis
