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This is a rabbit hole miles deep, and don't get me wrong, I sort of support the idea, but: > Just like Jeff Bezos can sell a portion of his Amazon stock to buy
by nutrie 2y ago
This is a rabbit hole miles deep, and don't get me wrong, I sort of support the idea, but:
> Just like Jeff Bezos can sell a portion of his Amazon stock to buy a new house, employees at ESOPs can pull money out of their stock accounts to pay for tuition, medical bills, or as a downpayment on a primary residence.
Maybe I'm missing sth, but, erm... what happens with the stock after? Because that portion of the company is no longer in the hands of its employees, and it's unlikely that it's a closed circuit.
I get that your stock need not be publicly traded. But that brings a variety of other issues to the table.