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Seriously... selling some of your founding stock months prior to an IPO is a huge indictment of its potential. Sure he has plenty left and you could argue it w
by MobileVet 7y ago
Seriously... selling some of your founding stock months prior to an IPO is a huge indictment of its potential.
Sure he has plenty left and you could argue it was a hedge, but still.
Also, who buys the founder’s stock right before an IPO? Talk about buying into a story... ‘this is going to go through the roof at the IPO, so let me sell it to you just before’
This is such a red flag