5 ms·
There’s also no lack of buyers for stripe on secondary markets.
by nscalf 4y ago
There’s also no lack of buyers for stripe on secondary markets.
- tempsy 4y agowhether you can sell on secondary markets is restricted by the company. pretty sure Stripe has not let most employees sell on secondary markets. personally have not seen them solicited on Forge or EquityZen myself.
- dehrmann 4y agoA fun question to ask when interviewing at a startup is to what extent they block or facilitate employee share sales/transfers. Also check with private markets to see what their experience with that company is.
- nscalf 4y agoAhh I wasn't aware of that, thanks!
- adrr 4y agoHow do they prevent you from selling on the secondary market? Would love to see that clause on their options agreement. Most companies have first right of refusal which gives them the option to buy them first.
- Me1000 4y agoThere are a few clauses but the gist is pretty simple: approval of any transfer of option or underlying share must be approved by the board of directors + they may also exercise their right of first refusal.