[AFMUG] Taking some off the table

[Travis Johnson]

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