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> Facebook has said it’s not planning to IPO anytime soon Exactly how do they plan to let employees sell stock without accidentally becoming a public company?
by icky 18y ago
> Facebook has said it’s not planning to IPO anytime soon
Exactly how do they plan to let employees sell stock without accidentally becoming a public company?
Is this stock being sold back to the company itself?
- superchink 18y agoMost likely, it involves private internal trading between employees. Those that would rather just take the cash and run can sell their stock to others who would like to invest more into the company.
- helveticaman 18y agoIt sounds like a great idea to me.
- cypress-hill 18y agoMost likely, it involves private internal trading between employees doubtful. this is not a new practice. banks and investment houses have been buying options in private companies from potential shareholders for years
- volida 18y agoyou mean invest in thin air
- hugh 18y agoMost likely, it involves private internal trading between employees Where would the money come from? Very few facebook employees are rich in cash.
- brianm 18y agoProbably to existing shareholders, or a select group of investors, via private deals.
- cypress-hill 18y agoExactly how do they plan to let employees sell stock without accidentally becoming a public company? they sell it to banks and/or investment firms who are basically buying a futures contract on a facebook ipo. the employee loses their rights to sell these shares, the bank gains the rights.