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This might be very useful for startups looking to make equity compensation more attractive: Usually those shares are worthless until the company is sold or goes
by wongarsu 2y ago
This might be very useful for startups looking to make equity compensation more attractive: Usually those shares are worthless until the company is sold or goes public. But with Pisces companies from any country can set up to be traded on Pisces until the company goes public. That allows employees to trade their shares on a semi-public platform with each other and anyone else who is on the platform, making those shares actually worth something in more than the accounting sense.
- ysofunny 2y agoI am having trouble imagining why (and how) the simple act of enabling trade of private stock would somehow unlock more value (energy? wealth?) I must be missing something