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At what price? Certainly not a market price. A contrived price in a private sale is usually going to screw the seller.
by twblalock 4y ago
At what price? Certainly not a market price. A contrived price in a private sale is usually going to screw the seller.
- scarface74 4y agoAs opposed to holding a bunch of illiquid Monopoly money? I work for a public company. I sell all of my RSUs and diversify when I vest. I wouldn’t use 30% of my cash compensation to buy my company’s stock, why would I hold on to 30% of my compensation in company stop? If you haven’t checked lately, the public markets don’t exactly have the stomach for money losing companies.
- twblalock 4y agoThe problem is that when you sell shares denominated in monopoly money (e.g. shares in a private company) you have no idea if you get a fair price. There is no market to provide the signals.
- scarface74 4y agoI would rather take my chances and not hold on to it. I know eventually the stock in the company i work for will go up. But I would much rather be diversified
- smileysteve 4y agothey weren't going to be able to hold; they were at the 10 year expiration.