Hacker News new | ask | show | jobs
by cgb223 2870 days ago
100% agreed with this

In addition to that, coming form a private equity holders perspective, its a way for some of us to cash out on the general market. If I had a big stake in a private company, maybe I can only sell my options every 6 months, if my company is kind enough to set that up.

If there's an IPO I can sell my stake at what is probably a higher market value than the internal price and cash out all at once (or over time)