Employee’s lockup period may be as much as SIX months. Ride ‘em to zero!
Hold period for all and all shares? Short term gain and taxes vs. no gain?
I’ve had shares in a hold and fail company before. Some get rich, many / most don’t.
Most real success comes from work and not windfall.
“And people were surprised that the FaceBook Insiders were in a hurry to dump as many shares as they could, as fast as they could.
The average employee was worth $3 Million in shares - what would you do, Cash in your $3 Million or hold on and hope that FaceBook wasnt another MySpace? Id take the $3 Million so quickly your head would spin. Would I still work? Yup - and hope more stock options came my way. But, my financial worries would be few, and far between.”