![]() And boy was that a good call in retrospect! That's what George Lucas did when he sold out to Disney. To hedge your bets, you could request half cash, half stock. However, there is one other option to consider. Long story short, no one will ever fault you for taking cash. A thousand other dotcom entrepreneurs weren't so lucky or smart. The reason Mark Cuban is a multi-billionaire today is because he dumped 100% of his shares on the very first day his six month lock up expired. About a year and a half later a single share of Yahoo traded for $8. ![]() On the day the deal closed, Yahoo stock was trading at $163 per share. ![]() When Mark Cuban sold to Yahoo in 1999, the deal was for $5.7 billion in Yahoo stock. But even selling to a publicly traded company with a stellar performance record can be risky. If you're selling to a publicly traded company with a reputable track record, accepting stock might not be a bad decision. If you do find yourself in that position, there's a decent chance you'll be debating whether you should sell for cash or stock. ![]() I sincerely hope everyone reading this article will someday find themselves in the position to sell a company for a life-changing amount of money. ![]()
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