14 Early Startup Execs Who Missed Out on Making MillionsWhile many founders, executives and investors are raking in fortunes on their startups, these people have missed out big time.

ByKyle Russell

This story originally appeared on业务Insider

sheknows.com
Ali Fedotowsky

Everyone loves a Silicon Valley success story: A handful of smart, driven young entrepreneurs gets together to work on a passion project, find an idea with real legs, and are rewarded with an lucrative "exit" of making it big or being purchased by one of the industry's giants.

While there are notable examples of software company exits making thousands of people wealthy, there are always cases of workers who for one reason or another miss out on their potential fortunes.

Some leave for other opportunities that they are more passionate about. Others leave to found their own companies. Some just made decisions they regret.

Image Credit: Ronald Wayne

An Apple founder, Ronald Wayne backed out early, selling his 10% stake for about $800. Today, that'd be worth about $43.8 billion.

Image Credit: New York Times

Noah Glass, the Twitter co-founder no one remembers. He was forced out in 2006.

LA County Superior Court

Frank "Reggie" Brown came up with the idea that became Snapchat, which is valued at $800 million. He's suing the co-founders for booting him in 2012.

Image Credit: Joe Jackson/Facebook

Joe Jackson was asked to join the founding team at Facebook when Mark Zuckerberg first moved to Palo Alto, but turned it down to spend the summer interning for J.P. Morgan.

Ali Fedotowsky used up all of her vacation days at Facebook filming as a contestant on The Bachelor in 2010. When ABC asked her to be that year's Bachelorette, she quit her job and gave up her stock options to be on the show.

Image Credit: Sahil Lavingia/Twitter

Sahil Lavingia was the second employee at Pinterest. He left the company just before his one year mark, so none of his stock options vested.

Image Credit: REUTERS/Brian Snyder

The Winklevoss twins collaborated with Mark Zuckerberg on a social network for Harvard students in 2003. In January 2004, Zuckerberg announced the "thefacebook.com." The brothers sued him for the theft of their idea and settled for millions, but not billions.

Image Credit: Wikimedia, CC

Dom Sagolla was head of quality at Odeo, the company that spawned Twitter. He was laid off in May 2006 and didn't receive any stock options.

Image Credit: Joe Green/Facebook

Joe Green was one of Mark Zuckerberg's college roommates. After the pair got in trouble with Harvard over their Face Mash application, his father told him not to work with Zuckerberg.

Image Credit: OreillyMedia/YouTube

Alex Macgillivray used to be Twitter's general counsel. He left that role in August, and his shares weren't mentioned in the IPO filing.

Image Credit: Alberto Savoia

Alberto Savoia left his engineering director role at Google where he had led the team that created AdWords. He left two years before its IPO to found a software testing company.

Image Credit: Jack Dorsey

Florian Weber was one of the first engineers hired to work on Twitter. Unfortunately, he was hired as a contractor and not an employee, meaning he received no stock options.

Image Credit: Business Insider

Kevin Systrom had a number of chances to make millions before his success at Instagram. He turned down a job offer at pre-IPO Facebook. He interned at the company that became Twitter. The eventual purchase of Instagram for $1 billion made up for these missed opportunities.

Kyle Russell is a reporter at Business Insider. He also writes and edits ablog about politics, techology, and mediaand serves as Technology Director for theCalifornians for Responsible Economic Development.He has previously worked for Caruso Affiliated in Los Angeles and BitMob (now GamesBeat) in San Francisco. He currently attends the University of California, Berkeley.

Editor's Pick

Related Topics

Business News

Misinformation is Destroying Businesses — How Do We Finally Tackle Fake News?

When it comes to social media, the lines between truth and falsehood blur further. But how do we even start solving the fake news problem?

Business News

This Restaurant Will Charge You a Hefty $50 Fee If You Have One Too Many Mimosas

Kitchen Story in Oakland, California isn't playing around when it comes to bottomless brunch.

Business News

Watch: London Airport Parking Garage Erupts in Flames Leaving Thousands of Passengers Stranded, Delayed

London Luton Airport resumed flight activity late Wednesday following the incident.

Marketing

This Powerful Marketing Strategy Will Help You Outshine Your Competitors and Make Your Brand More Memorable

Direct mail is stealing the show in the crowded marketing landscape. Here's why.

Business News

Meta Is Paying the Celebrity Faces Behind Its AI Chatbots as Much as $5 Million for 6 Hours of Work, Report Says

One unnamed top creator was paid $5 million for six hours of work, according to The Information.