3 ms·
I'd guess that a lot of the offer was in SO. so also illiquid. Though FB stock is worth way more than Snap stock so he probably made the wrong choice, but who k
by vxNsr 7y ago
I'd guess that a lot of the offer was in SO. so also illiquid. Though FB stock is worth way more than Snap stock so he probably made the wrong choice, but who knows.
- likpok 7y agoFB is less illiquid than SNAP for Evan. If he sells 50% of his SNAP shares, people will get concerned about his investment in the business. A mid-level exec (or even high profile acquisition) selling a bunch of FB stock doesn’t affect the price much. But he probably likes running the company more than he’d like the extra money.
- dillonmckay 7y agoThat is the key, he still had cash and control of a platform. Very different situation for Jack Dorsey w/ Twitter.