3 ms·
It needs to vest before you can sell it.
by seattle_spring 8y ago
It needs to vest before you can sell it.
- 3pt14159 8y agoThis is often what people think, but almost everyone I know at IPO'd places are at least partially vested. They want that sweet upside and for a while it works and everyone is getting rich together. I had to work long and hard to convince a friend of mine to diversify at least half of his investments away from Shopify which was his only asset.
- deleted 8y ago[deleted]
- seattle_spring 8y agoThat doesn't conflict with the real fact that most employees have most of their equity tied up as deferred compensation that they cannot sell until it vests.
- ahakki 8y agosell it short now, cover with the vested shares :)
- seattle_spring 8y agoMost companies contractually restrict employees from shorting their own stock.