> Facebook has said it’s not planning to IPO anytime soon
Exactly how do they plan to let employees sell stock without accidentally becoming a public company?
Is this stock being sold back to the company itself?
Exactly how do they plan to let employees sell stock without accidentally becoming a public company?
Is this stock being sold back to the company itself?
Where would the money come from? Very few facebook employees are rich in cash.
doubtful. this is not a new practice. banks and investment houses have been buying options in private companies from potential shareholders for years
they sell it to banks and/or investment firms who are basically buying a futures contract on a facebook ipo. the employee loses their rights to sell these shares, the bank gains the rights.