Before You Just Do It, Ask What an Equity Stake Really Means for Your Career
The graphic design student who came up with the Nike Swoosh was paid $35 for her work. Three years later when Nike went public, the CEO Phil Knight gave her 500 shares. She never sold a single share, and they are now worth a small fortune. The upside of equity compensation can be extraordinary. So can the downside.
Can Anyone Actually Value SpaceX?
SpaceX is targeting a valuation of $1.75 trillion which would put it above every S&P 500 company except Nvidia, Apple, Alphabet, Microsoft, and Amazon. Was it a coincidence that Elon Musk chose April Fool’s Day to file confidentially for what could be the largest initial public offering in history?