| ▲ | baq 6 hours ago |
| Amount of early money waiting to exit is absolutely staggering, wonder if there’s enough retail to buy the leftovers without crashing the price. Reminder everyone with money who wanted in before IPO got in! |
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| ▲ | gk1 6 hours ago | parent [-] |
| I thought that's what lockout periods were for? |
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| ▲ | baq 6 hours ago | parent [-] | | S-1 states directly that some of the shares sold in the IPO are sold by current shareholders. Employees are a different matter, lockouts are for them not quitting immediately. My bet is that a few of high profile departures recently is exactly for this reason: no lockout if you aren't employed anymore. | | |
| ▲ | aix1 5 hours ago | parent [-] | | > no lockout if you aren't employed anymore But, I imagine, no stock either? | | |
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