Re:Silicon Valley's best kept secret: Founder liquidity
by colordrops on Wednesday June 12, 2024 @03:07AM
(#40655416)
I often hear about these SEC rules that explain why individual contributors get fucked, as if that's a good excuse. Either the requirements and disclosures should be fulfilled and more than 10 sellers allowed, or the rules should change, or both.
[ Parent
| on HN ]
Re:Silicon Valley's best kept secret: Founder liquidity
by llamaimperative on Wednesday June 12, 2024 @06:24AM
(#40656480)
It sounds like they could’ve fulfilled the requirements and had more than 10 sellers but chose not to.