3 ms·

Registered shares are essentially shares offered for sale by the company and certain insiders. Unregistered shares are everything else. Slack was probably selli

Registered shares are essentially shares offered for sale by the company and certain insiders. Unregistered shares are everything else. Slack was probably selling shares on behalf of non-executive shareholders for unregistered part.

tansan 3y ago
So it sounds like IPOs are basically preventing employees from dumping and it also sounds like other non-employees or registered shares can sell. Directly listing sounds a lot more fair than IPOs.
- b112 3y ago
  Fair us what a contract says is fair. (not serious here, just making a point)