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tptacek
on June 24, 2011
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Skype options turn out to be worthless
Yes; you pay money to exercise the options and receive restricted stock. That's the thing I opted not to do, because friends of mine who did so at another large VC-funded success story got ripped off.
drusenko
on June 24, 2011
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Right, I was confused about "those options paid out when the company was later acquired".
Sounds like you didn't exercise the options and then didn't participate in the sale later.
tptacek
on June 24, 2011
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Yep.
lawnchair_larry
on June 24, 2011
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That does not sound like a success story.
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