3 ms·

Mostly true but sometimes you can sell on a secondary market or through a tender offer.

• rb2k_ 11y ago
  At least for one of my previous employers, the secondary market was not interested. I personally wouldn't count on it unless one is working for a highly visible startup ;)
  • wdewind 11y ago
    Definitely true, and many times there are clauses preventing you from selling to a 3rd party before IPO anyway.
    • rb2k_ 11y ago
      Usually those providers don't "buy" it from you. They do fun things like giving you a loan with the options as a collateral. You would then default on the loan at the point of IPO. So theoretically you don't sell them anything.
      • wdewind 11y ago
        Interesting, I had never heard of that.