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On that side note, does anyone know what ever happened to Goldman Sach's special vehicle for outside Facebook investments? I.e what stops companies from setting
by nchuhoai 15y ago
On that side note, does anyone know what ever happened to Goldman Sach's special vehicle for outside Facebook investments? I.e what stops companies from setting up their own vehicles for the stock options of their employee's to avoid the 500 rule?
- bri3d 15y agoGoldman only sold their Facebook shares to non-US clients, because in the US, the deal would violate other rules regarding the privacy of private offerings (essentially too many people knew that Goldman were offering Facebook shares and the offer ceased to be "private" enough for the SEC). http://online.wsj.com/article/SB10001424052748703396604576087941210274036.html http://online.wsj.com/article/SB1000142405274870339660457608...