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by ceejayoz 1602 days ago
No?

If you can find a buyer for a certain amount, you can sell for that amount. The company can just opt to be the buyer.

2 comments

Check your stock agreement. I worked somewhere it didn't just grant first right of refusal, but the company had to _approve any sale_. In practice, they approved almost no sales, so this was a ban on selling shares before IPO.
This seems like an interesting dynamic because the company has to balance getting a random outside shareholder vs having to buy their own shares back for whatever price you negotiated.