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You can't transfer the stock, but you can sell a contract promising to sell at a specific price once it's liquid.
by tekromancr 7y ago
You can't transfer the stock, but you can sell a contract promising to sell at a specific price once it's liquid.
- nihonde 7y agoExcept if the company has a right of first refusal.
- TuringNYC 7y agoAnd in some cases, eg financial services companies, this can be a major violation.
- Thorrez 7y agoIsn't that essentially shorting the stock?
- lethologica 7y agoIt’s a put option.