3 ms·
Not entirely true. There's a grey area where you can sell futures of your own stock on the secondary market that can avoid requiring board approval.
by tetranoir 4y ago
Not entirely true. There's a grey area where you can sell futures of your own stock on the secondary market that can avoid requiring board approval.
- s1artibartfast 4y agoperhaps technically (I'm not very familiar with private futures), but now we have a large number of employees looking for niche buyers to acquire $3.5 billion of stripe futures, which doesn't seem very realistic. I get why a buyback makes more sense here. What I don't understand is why they didn't just let the current options expire and issue new ones with a fresh 10 year expiry, an IPO vesting trigger, and no employment contingency.