← Back to context Comment by soared 2 months ago Dont all private companies require approval for secondary sales, which I assume are not ever approved? 7 comments soared Reply cik 2 months ago They do, but you sell forward contracts instead. This is perfectly legal, and the approach I've seen. There are a few companies, and even funds that will engage in this, in an effort to attain future upside. throw-12-16 2 months ago Its pretty common, Ive personally done this. no_wizard 2 months ago Typically. I’d be shocked if OpenAI let employees sell their options like this without requiring approval htrp 2 months ago They don't but you effectively do it under the table raw_anon_1111 2 months ago Do they sell at full value? 2 replies →
cik 2 months ago They do, but you sell forward contracts instead. This is perfectly legal, and the approach I've seen. There are a few companies, and even funds that will engage in this, in an effort to attain future upside. throw-12-16 2 months ago Its pretty common, Ive personally done this.
no_wizard 2 months ago Typically. I’d be shocked if OpenAI let employees sell their options like this without requiring approval htrp 2 months ago They don't but you effectively do it under the table raw_anon_1111 2 months ago Do they sell at full value? 2 replies →
htrp 2 months ago They don't but you effectively do it under the table raw_anon_1111 2 months ago Do they sell at full value? 2 replies →
They do, but you sell forward contracts instead. This is perfectly legal, and the approach I've seen. There are a few companies, and even funds that will engage in this, in an effort to attain future upside.
Its pretty common, Ive personally done this.
Typically. I’d be shocked if OpenAI let employees sell their options like this without requiring approval
They don't but you effectively do it under the table
Do they sell at full value?
2 replies →