Hacker News new | past | comments | ask | show | jobs | submit login

Yeah, but as I understand it, employees can usually only sell about 20% or so in secondary offerings. Six months after the IPO, they can liquidate 100%.

They also don't get a real market price for their shares.

Good point. I wonder what the numbers are on how this affects the returns for employees.

Usually it's more like %10 of vested earnings, which ends up being something like %2.5-%5 of their stock.

Applications are open for YC Winter 2020

Guidelines | FAQ | Support | API | Security | Lists | Bookmarklet | Legal | Apply to YC | Contact