Flying Squid@lemmy.world to Technology@lemmy.worldEnglish · 1 year agoUnity Bosses Sold Stock Ahead Of Scummy Dev Fees Announcementkotaku.comexternal-linkmessage-square63fedilinkarrow-up1606arrow-down153
arrow-up1553arrow-down1external-linkUnity Bosses Sold Stock Ahead Of Scummy Dev Fees Announcementkotaku.comFlying Squid@lemmy.world to Technology@lemmy.worldEnglish · 1 year agomessage-square63fedilink
minus-squarewmassingham@lemmy.worldlinkfedilinkEnglisharrow-up4arrow-down2·1 year agoBecause stock you can’t sell is worthless.
minus-squarekibiz0r@midwest.sociallinkfedilinkEnglisharrow-up3·1 year agoIt’s worth whatever it sells for when you resign. Which, if you did a good job, is way more than what it would’ve sold for the day you got it.
minus-squarewmassingham@lemmy.worldlinkfedilinkEnglisharrow-up2arrow-down3·1 year agoIf you’re doing a good job, though, why would you want to resign? And if, for reasons beyond their control, the stock price is going to fall (e.g. new international tariffs or something), why should they be handcuffed to that decrease in value?
Because stock you can’t sell is worthless.
It’s worth whatever it sells for when you resign. Which, if you did a good job, is way more than what it would’ve sold for the day you got it.
If you’re doing a good job, though, why would you want to resign?
And if, for reasons beyond their control, the stock price is going to fall (e.g. new international tariffs or something), why should they be handcuffed to that decrease in value?