Re:Startup Stock Options – Why A Good Deal Has Gone Bad (2019)
by JumpCrisscross on Monday December 21, 2020 @12:23PM
(#25497043)
> In that case, don't I as an employee get liquidity either way, since it's being bought at the agreed upon price?
Correct. The problem is a lot of companies go further. They restrict sales completely. In practice, insiders are allowed to purchase at depressed prices in tenders from time to time and then resell at a mark-up in the open markets.
Correct. The problem is a lot of companies go further. They restrict sales completely. In practice, insiders are allowed to purchase at depressed prices in tenders from time to time and then resell at a mark-up in the open markets.