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I believe that Peter Thiel, Accel Partners, and several other early investors sold a considerable part of their shares in the IPO. That being said, I agree wit
by thebmax 14y ago
I believe that Peter Thiel, Accel Partners, and several other early investors sold a considerable part of their shares in the IPO.
That being said, I agree with your article and you make lots of good points!
- wkasel 14y agoYes, typically you have a negotiated rate, such as 5%, 10%, whatever. You're right I saw the s-1, but even then they still lost a lot, and the employees got screwed.