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Yes. They won't allow it because they don't want existing employees to cash out and stop working hard (or quit)...
by stock-throwaway 3y ago
Yes. They won't allow it because they don't want existing employees to cash out and stop working hard (or quit)...
- sgtnoodle 3y agoA decent private company that's doing well would be smart to periodically offer stockholders a tender offer, just so that they can enjoy some liquidity before they keel over. When companies do that, there's usually a restriction that prevents selling more than, say 10% of one's holdings.