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The investors will probably only do it if the CEO is on board. Assuming they value relationship with CEO
by owens99 9y ago
The investors will probably only do it if the CEO is on board. Assuming they value relationship with CEO
- hamburglar 9y agoIt also may be explicitly disallowed. I'm in a deadwood position on a company that's still private and the shares have a restriction that they can only be sold to the company or via a deal that the company brokers. Humorously enough, while I was reading this thread, I got an email from the CFO of that company, who I haven't heard from in a couple of years now. My heart skipped a beat. :) Alas, it was not an heads up about a liquidity event...
- tyingq 9y agoSeems curious, though, that a CEO wouldn't want that 5% available to the investors at a reasonable discount. Versus the pittance that's being offered. Makes you wonder what else is afoot.
- Grustaf 9y agoThe CEO wants to raise money for the company, so he definitely prefers any buyers to buy the newly emitted shares.