I tried Quote by Parker Conrad
“I tried paying at a restaurant with stock options. It didn't work.”
About This Quote
Source Interview: Startup Founders, 2019
Attempting to pay with stock options fails because they aren't legal tender.
In simple terms: Stock options aren't cash.
Use accepted payment methods for purchases.
Themes
Mood
Type
When to use this quote
- restaurant dining
- business transactions
- employee compensation
Key Concepts
Questions to Reflect On
- What alternatives exist for paying with equity?
- How can startups improve liquidity for employees?
Stock options can be valuable but aren't universally usable.