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by ryandrake 3256 days ago
Those awkward moments at medium-sized growing companies when the CEO gets in front of the company for an all-hands and says "The company is doing so well! Our stock price, as you have noticed, is way up!" The response being a couple of "woooo"s from the long-timers and senior execs and the rest of the room shrugging their shoulders looking at each other.
1 comments

This happened at demand media right before IPO. Everyone was stoked to finally be able to exercise their stocks. Great opening but we were all blocked from selling. Once any of the non execs could sell the price basically screwed everyone over. Unless you were an early employee you ended up losing money. Not a good position to be in. Moral wasn't very high when I left...