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Will Employees be able to gain any liquidity from their options, or is this technically another round with no tender offer?
by makestuff 1y ago
Will Employees be able to gain any liquidity from their options, or is this technically another round with no tender offer?
- sctb 1y agoFrom Wang's note to employees (https://x.com/alexandr_wang/status/1933328165306577316 https://x.com/alexandr_wang/status/1933328165306577316): > Today's investment also allows us to give back in recognition of your hard work and dedication to Scale over the past several years. The proceeds from Meta's investment will be distributed to those of you who are shareholders and vested equity holders, while maintaining the opportunity to continue participating in our future growth as ongoing equity holders. The exceptional team here has been the key to our success, so l'm thrilled to be able to return the favor with this meaningful liquidity distribution.