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by mywittyname 3216 days ago
It's very possible that employees just want the opportunity to liquidate what has been the bulk of their compensation for the past x years.

At some point, this becomes a recruitment issue: what's the point in working for a company that pays you in stock that you can never sell and that doesn't pay dividends?

2 comments

Wouldn't the price tank if the majority of insiders want to cash out?
> Wouldn't the price tank if the majority of insiders want to cash out?

that depends on the demand. if the insiders have more shares they really want to sell than there are matching buyers, sure. if the market is full of buyers will to pay huge sums of money, then no.

agreed, very likely a factor as well.