4 ms·
In many cases you can’t extract cash from non-public common stock shares with sale restrictions. I am, on paper, a multimillionaire from my last company becaus
by garmaine 6y ago
In many cases you can’t extract cash from non-public common stock shares with sale restrictions.
I am, on paper, a multimillionaire from my last company because of the restricted common stock I hold. However I cannot sell those shares, and the current CEO seems determined to run the company into the ground. My actual liquid assets are just enough to cover rent for a few months and I still work for a living. A wealth tax would kill me (although thankfully my paper wealth is below the $30m threshold).