On: For Billion-Dollar Companies, Venture Deals Outstrip Going Public

[rhc2104]

Petalpete - the comment above refers to pre-ipo sales of employee stock.

A bunch of private companies that hit billion dollar valuations let employees sell some of their shares. That person is claiming that those sales allow employees to sell 10-15% of their vested stock.

Of course, if they do that, they still keep the other 85-90%.

[thecage411 → rhc2104]

This is exactly what I meant, thanks for filling in the details.