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by throwaway-1283 2664 days ago
Why is "swapping" shares better than selling for cash (and then investing that in something less risky), which you can already do through secondary markets like Sharespost...
1 comments

Can you really?

Firstly sharepost is curated. You need an interview and to be accepted.

Secondly, most (nearly all?) investment agreements prevent share sales that aren’t approved by the other shareholders. So unless your investors agree to a secondary, you’re out of luck.

What is your point? In a swapping scenario the same would apply.

Plenty of people sell on secondary markets. If everyone was restricted then those businesses wouldn't exist.

My point is / question was: if those restrictions didn’t exist, would you want to?

[edit] not getting much of a sample size on this thread atm though!