Everyone should request physical stock certificates for their class B shares just in case we have another toilet paper shortage.
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Bingolescano, do you have any insight into how the founder stocks work? Are people in leadership positions given these and how/when are they able to cash in on it?
Best post in past 5 years congratulations!
And by the way you won't get back anything, they're not doing any buy back not even the junk that you bought at time of hire.
I guess money is so tight that they're not even able to pay off the founders stock and interest for the fools that bought back in 2015 and we're hoping for a big payday. Really took advantage of the situation and left the barn door open when they vacated the company.
One-third is more than the Aternity people got. They had the surrender their shares for $0 to participate in the Aternity equity program.
As an employee who has left, I can confirm the offered buy back is one third of the value I very stupidly and foolishly paid when I joined.
Hilarious!