[no subject]

<snip>

But the decision to do so wouldn't necessarily be a rational one, and
one's "valuing a company" does not bestow genuine value to the company. 
You can have equity of some sort in a company, but what if the company's
primary decision-makers are visibly and plainly foolish?  Your "sweat
equity" would therefore be going into a black hole.  And, no, these
days, sweat equity is generally not repaid in kind *or* in cash; that
concept is now somewhere back with powdered wigs.  I learned that lesson
both firsthand and secondhand (and the secondhand example was far more
egregious than the firsthand).


</pre>
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