[frgtpsswrdlame]

Isn't that bad for employees with stock options though? The market could tell them how much those options are really worth.

[alehul]

Completely, and a small part of why employees are cautioned on here to take salary over equity.

The market telling them would be a loss of billions for the investors/founders, both on the value of their own equity and the increased equity they'd have to offer employees (many exceptions apply, but this seems to be the case particularly with startups who lack an easy path to profitability but can show substantial growth).

[hkmurakami]

Palantir will regularly buy its employees' equity fwiw.

[jonknee]

But without the market you could easily be getting ripped off selling your shares back... They're not doing it out of the goodness of their heart.