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How does facebook not have way over 500 shareholders already? They have thousands of employees who I assume all have stock... or do options not count? Not sure
by suking 15y ago
How does facebook not have way over 500 shareholders already? They have thousands of employees who I assume all have stock... or do options not count? Not sure how they get around this even with their exemption...
- falava 15y ago"Staying at 499 shareholders or fewer is something Facebook has worried about since at least 2007, and sidestepped by creating a special kind of restricted stock unit for new employees and making small talent acquisitions that avoided, when possible, awarding start-ups and their investors with Facebook stock." http://allthingsd.com/20110107/with-500-shareholder-concerns-gone-will-facebook-make-big-acquisitions/ http://allthingsd.com/20110107/with-500-shareholder-concerns...
- suking 15y agoThanks.