You get paid if Wave does well whether they like you or not.
Private companies can and do prevent people they don’t like from selling stock to private buyers. So as an addition to this comment, I’d note that “the ability to cash out before an IPO 5+ years in the future” is a strong reason not to make an enemy of your former startup.
Private companies can and do prevent people they don’t like from selling stock to private buyers. So as an addition to this comment, I’d note that “the ability to cash out before an IPO 5+ years in the future” is a strong reason not to make an enemy of your former startup.