Hacker News new | ask | show | jobs
by aent 1883 days ago
https://twitter.com/DereckCoatney/status/1383440872679739394

A more detailed table with a breakdown

1 comments

The replies suggest it's not unusual or alarming

> This is exactly how a direct sale works as opposed to an > IPO. Because no additional shares are created in a direct > sale, the initial investors have to make a large % of > their holdings available or there would be no stock for > the public to buy. > This is to be expected. Relax.