Discuss with several folks you trust and make decision based on non emotional view and probably from dissent position...remember you earned that money...not us side chair spectators... On Apr 6, 2016 3:09 PM, "Chuck McCown" <ch...@wbmfg.com> wrote:
> Larger companies yes. And not subject to FICA. Everybody should be > paying themselves some directors fees. > > -----Original Message----- From: Jay Weekley > Sent: Wednesday, April 06, 2016 3:04 PM > To: af@afmug.com > Subject: Re: [AFMUG] Taking some off the table > > Directors fees. I like that. Is that a common practice? > > Chuck McCown wrote: > >> Do you get a seat on the board? Directors fees? >> >> -----Original Message----- From: Travis Johnson Sent: Wednesday, April >> 06, 2016 2:46 PM To: af@afmug.com Subject: [AFMUG] Taking some off the >> table >> 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 >> >> >> >> >
