> There was even a second market offering to let Ryan sell enough shares to pay his taxes and maybe buy a nice house in South Park.
Who was buying the shares from Ryan in this secondary market?
> This is a problem that faces a lot of startups. We should all be more wary of information that's given out, and be more demanding of transparency. Learn a less from all of us PF employees: the more a company talks about their IPO, the less likely it's going to happen.
I generally agree, but no matter how much information is given out, if the last deal is done secretly and with bonuses and pre-arranged values, there is no amount of information that can protect you from that.
> There was even a second market offering to let Ryan sell enough shares to pay his taxes and maybe buy a nice house in South Park.
Who was buying the shares from Ryan in this secondary market?
> This is a problem that faces a lot of startups. We should all be more wary of information that's given out, and be more demanding of transparency. Learn a less from all of us PF employees: the more a company talks about their IPO, the less likely it's going to happen.
I generally agree, but no matter how much information is given out, if the last deal is done secretly and with bonuses and pre-arranged values, there is no amount of information that can protect you from that.