Publisher's Synopsis
When I first started in wealth management, I thought that entrepreneurs, being risk-takers, would want high-octane, risky investment portfolios. I came to realize the opposite is true - a top priority for them is to preserve the wealth they have created. While building their business, they knew they could lose everything. As they take money out, they want to be sure to keep it.
This is a crucial guidebook for startup employees looking to understand and prepare for the personal financial and legal challenges that can arise before, during, and after an IPO, acquisition, or another liquidity event.
The CFO of Yahoo, the founders of Tesla Motors, and more than 65 other executives, venture capitalists, advisors, and tech luminaries share success stories and reveal lessons learned about the Four Phases of Startup Life. These anecdotes-along with equity award and stock option guidance, financial planning tips, and checklists-will help you and your team maximize wealth. As an added bonus, you'll learn how to strategize your own personal life business plan.