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Well, pessimistically it might not matter much either way. The employees with stock currently will likely be subject to a six month lock-up period after the IP
by nextstep 7y ago
Well, pessimistically it might not matter much either way. The employees with stock currently will likely be subject to a six month lock-up period after the IPO date. And it’s quite likely that the house of cards that is WeWork won’t survive that much scrutiny as a public company, and the price might be so low by the time anyone below the executive level can sell.
- bro45 7y agoAdd to that dilution when owners can print more shares for investors and different types of shares (aka preferreds) when a common employee often gets nothing because all the money go to preferreds.