4 ms·

I don't understand this article one bit. Why is the article speaking in the present tense? Why have dreams turned into disillusionment now, once the company has

by dymk 7y ago

I don't understand this article one bit. Why is the article speaking in the present tense? Why have dreams turned into disillusionment now, once the company has already announced they're going to IPO in 2020? The article bellymoans about how employees can't cash out their shares yet - well yeah duh, that's kind of the whole risk/reward aspect of startups. Maybe they go public. Maybe they go under. Maybe they take a long time to go public. Why the article is about Airbnb, which has set a deadline for going public already, escapes me.

orbz 7y ago
Option expiry before they go public effectively blocking early employees from being able to realize the upside of going public.
- dymk 7y ago
  Yes, that's why the company has stated it is going public. I don't understand why this was written in response to the company announcing its intention to IPO before expiry.