Not much it seems. :)
480 karma · joined June 18, 2010
Not a YC-specific question, but I was wondering what advice you have for someone who lives outside of a major technology center and doesn't have the ability to move? I'm eager to get something started here in the next year but I'm pretty much on my own, thanks!
I am granted 100k options at exercise price of $0.10, so the total amount it would cost me would be $10k to purchase them. The company is sold with shares being valued at $10 each.
I spend $10,000 purchasing the shares, which then I would see a return of $990,000?