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It's still extremely expensive, slow and challenging to sell pre-IPO shares even in a major stock that has a lot of active liquidity.
by seanhunter 4y ago
It's still extremely expensive, slow and challenging to sell pre-IPO shares even in a major stock that has a lot of active liquidity.
- JumpCrisscross 4y ago> still extremely expensive, slow and challenging to sell pre-IPO shares even in a major stock that has a lot of active liquidity Sure. But "expensive, slow and challenging" liquidity beats no liquidity at all. Which is why few investors would agree to the lock-up terms of an RSU. (These terms make sense at companies which aren't going concerns, because they're young or going bust. They also make sense for executives at all stages. They don't make any sense for a multibillion dollar enterprise.)