3 ms·

You don't think there's a market for this so called illiquid openai stock?

• arcticbull 3y ago
  Potentially, of course, depending on a ton of factors. Stock agreements generally forbid transfers to third parties outside of like, death and divorce. Also, they're probably RSUs at this point which these secondary market companies don't like because unlike options, they can't be exercised at the holder's discretion, or shares, which the employee owns outright, they don't vest until all conditions are met (which often means until liquidity event). If the conditions aren't met within 7 years the RSUs evaporate even if the company continues to do well. So yeah you may be able to get a no-recourse loan or a forward sale, on bad terms, for the stock/cash to exercise the options. For RSUs you're either going to get even worse terms or politely told to come back once they vest. Let me know if that's not the case though.