I spoke w/ an ex-Venture Capitalist (He was bored with that, now was working as a consultant to help companies prepare sell themselves to VC-folk) a while back. He claimed you needed 3 million to retire. With "proper" investing you could live off the interest for the rest of your life.
If you sell 185,000 shares of stock @ $15 you're just shy of that mark. At 05:01 PM 4/11/2005, you wrote: >Subject: Exchange of Services >From: "Ken Ketsdever" <[EMAIL PROTECTED]> >Date: Mon, 11 Apr 2005 10:23:12 -0700 >Thread: >http://www.houseoffusion.com/cf_lists/index.cfm/method=messages&threadid=16770&forumid=5#153406 > >Damn Ben how can you consider yourself a developer if you've not worked >for stock. I'll tell you what, >if you are feeling as though you missed out I can help you out. Wouldn't >want the folks around here to consider you some young inexperienced wanna >be. After all your not a real developer until you've worked on the come. > >So here's the deal. Give me 20 hours a week for the next three months and >I've give you 5% of the company roughly 185,000 shares of >stock. Originally the estimates are that upon initial release (IPO) the >stock will go for about $3 - $4 a share. Within a month it should be >upwards of $13 - $15 or more. You do the math. Hell for a mere 3 months >you'll be able to retire. -- Jeffry Houser, Web Developer, Writer, Songwriter, Recording Engineer AIM: Reboog711 | Phone: 1-203-379-0773 -- My Books: <http://www.instantcoldfusion.com> My Recording Studio: <http://www.fcfstudios.com> Connecticut Macromedia User Group: <http://www.ctmug.com> ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Discover CFTicket - The leading ColdFusion Help Desk and Trouble Ticket application http://www.houseoffusion.com/banners/view.cfm?bannerid=48 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:153478 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
