Viewing profile — anonym123
anonym123
HN member- Joined
- Wed, Dec 23, 2020, 3:52 AM UTC
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About anonym123
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comment
Comment #25514251
Some companies do a reverse split just before liquidity event to wipe out former employees and lock-in current employees, like a 10:1 reverse split.
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comment
Comment #25514201
Bought shares for about $2k (1 penny strike price) 2 years before IPO, now worth $20M. Later joined another startup, bought shares just after 1 year cliff, got acquired 6 months la…