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Yes, it has been done before. I have worked on several IPOs, and it's common to have a very small tranche for employees, various stakeholders, and "friends". He
by antr 12y ago
Yes, it has been done before. I have worked on several IPOs, and it's common to have a very small tranche for employees, various stakeholders, and "friends". Hence, its not really "news". It's my understanding that this article is just marketing. Etsy wants to come across to sellers as "we care", after a series of quarrels with them.
- jonah 12y agoI was at a creative agency in 2005 which was doing work for FastClick. We had the opportunity to buy "friends and family" shares in their IPO. A number of us did.