Conine saw his paper net worth hit $27M at 24, then zero
Steve Conine · Wayfair: Niraj Shah & Steve Conine · Apr 16, 2018 · at 9:02
Wayfair co-founder Steve Conine reflects on selling his first web consultancy, Spinners, for equity that skyrocketed during the dot-com boom before collapsing.
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“I remember I had this Merrill statement that says I was worth twenty seven million when I was probably like a 24 year old. And I remember thinking I'm all set. And then, you know, six months later it was basically back down to zero.”
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