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I assume it was financially healthy for a very small group of people within Facebook. Most of the employees would be on lockdown before they can sell their stoc
by badusername 14y ago
I assume it was financially healthy for a very small group of people within Facebook. Most of the employees would be on lockdown before they can sell their stocks on the public market, no?
- ceejayoz 14y agoFacebook, the company, got a lot of money out of the IPO, not Facebook's individual employee holdings.
- jonknee 14y agoInsiders got even more out of the IPO than the company did.
- ddet 14y agoI am assuming they have to wait 6 months, by then FB will not be worth much compared to their strike price.
- cjrp 14y ago3 months - http://blogs.wsj.com/digits/2012/05/24/facebook-lock-up-expiration-not-seen-as-a-worry/ http://blogs.wsj.com/digits/2012/05/24/facebook-lock-up-expi...
- muyuu 14y agoAt this rate these 3 months will feel very long and they will be pretty much "a worry" for those affected.
- zeroonetwothree 14y agoIt's 6 months for most employees.