3 ms·
They do biannual liquidity events internally. If you’re an employee you can sell your stock back to the company for cash.
by askafriend 7y ago
They do biannual liquidity events internally. If you’re an employee you can sell your stock back to the company for cash.
- sneak 7y agoAnother big iff here: iff the true owners of the company permit you to do so. Most startups do not permit this, afaik, which further indicates what a longshot it was that he turned down an offer from one that does.
- jzl 7y agoI think they only started doing that recently, after they stayed private so long that many employees started approaching the 10 year mark at which point their options would expire.