Ah, hadn't realized we were talking about digg. Kudos, at least it's something to brag about at parties ;) I haven't heard about "management" and "non-manageme

Ah, hadn't realized we were talking about digg. Kudos, at least it's something to brag about at parties ;) I haven't heard about "management" and "non-management" equity, sounds like a cheap way for sleezy MBA types to hoodwink hackers out of money. Could you explain in two sentences how liquidity works? I assumed everyone just cashes in their stock when an acquisition (or IPO) happens.