pfarrell;436589 Wrote: > Goodsounds wrote: > > I'm not trying to be a nitpicker, but this isn't right either. > > > > Underwriters typically require key management to sign employment > > contracts and agree to place restrictions on stock and option shares > at > > the time of an IPO. If they leave, they lose their stock, but the > > restrictions lapse over time. > > You are nitpicking, and this is way OT. Your explaination may be true > in > some cases, but its not true in general. In an IPO, the founders put up > > some of their stock, and keep some, usually most. > > Then there is the employment agreements, SEC rules for insider trading, > etc. > > Its a lot more complicated than your simple example. > > > > But its common for founders to leave, or even retire.
I'll resist the urge to continue this reciprocal arm-punching, only to say that the work I've been doing for the past 20+ years in Silicon Valley involves this stuff. I know what I'm talking about, and if you disagree with me, you don't. I try to restrict my comments in these forums to what I feel relatively comfortable with my knowledge of. I won't resist the urge to ask why you see to think your comments are on topic but mine aren't? The conversation went off in a different direction, and I think any comments, yours or mine, are in-bounds. Sorry if you don't agree. -- Goodsounds ------------------------------------------------------------------------ Goodsounds's Profile: http://forums.slimdevices.com/member.php?userid=14201 View this thread: http://forums.slimdevices.com/showthread.php?t=64706 _______________________________________________ discuss mailing list [email protected] http://lists.slimdevices.com/mailman/listinfo/discuss
