Re:Stripe announces new round of funding and plan to provide...
by twblalock on Wednesday March 15, 2023 @07:22PM
(#35176059)
At what price? Certainly not a market price. A contrived price in a private sale is usually going to screw the seller.
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Re:Stripe announces new round of funding and plan to provide...
by scarface74 on Wednesday March 15, 2023 @07:30PM
(#35176135)
As opposed to holding a bunch of illiquid Monopoly money?
I work for a public company. I sell all of my RSUs and diversify when I vest. I wouldn’t use 30% of my cash compensation to buy my company’s stock, why would I hold on to 30% of my compensation in company stop?
If you haven’t checked lately, the public markets don’t exactly have the stomach for money losing companies.
Re:Stripe announces new round of funding and plan to provide...
by twblalock on Wednesday March 15, 2023 @07:32PM
(#35176151)
The problem is that when you sell shares denominated in monopoly money (e.g. shares in a private company) you have no idea if you get a fair price. There is no market to provide the signals.
Re:Stripe announces new round of funding and plan to provide...
by scarface74 on Wednesday March 15, 2023 @07:40PM
(#35176215)
I would rather take my chances and not hold onto it. I know eventually the stock in the company i work for will go up. But I would much rather take my chances and be diversified
Re:Stripe announces new round of funding and plan to provide...
by smileysteve on Thursday March 16, 2023 @03:01PM
(#35186697)
they weren't going to be able to hold; they were at the 10 year expiration.