yes, they wont be paid for the potential future revenues, but ultimately it all depends on how the company is taken out.
For me being taken out with a cash offer, is the worst and would fully reflect the "never seeing the true value". Then you really only see a marginal part of potential future value. In addition to need to pay tax on the gains you made.
Ideally, you obtain a share offer (ratio determined from the buying price) from the buying company. You then still have the possibility to be part of the success in a diluted form and still don't need to pay any taxes on your gains yet. Cherry on top, would then be the buying company regularly paying dividends.
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