3 ms·
Yeah, but as I understand it, employees can usually only sell about 20% or so in secondary offerings. Six months after the IPO, they can liquidate 100%.
by thorfish 11y ago
Yeah, but as I understand it, employees can usually only sell about 20% or so in secondary offerings. Six months after the IPO, they can liquidate 100%.
- foobarqux 11y agoThey also don't get a real market price for their shares.
- nathantotten 11y agoGood point. I wonder what the numbers are on how this affects the returns for employees.
- mahyarm 11y agoUsually it's more like %10 of vested earnings, which ends up being something like %2.5-%5 of their stock.