Ask HN: Selling post IPO culturally frowned upon? Is selling your shares post-IPO culturally frowned upon? The company I work for has a strong culture of sticking to the mission, so I think it might be frowned upon to sell post lockup. However I am also worried about the current tech sell off and what that might mean for the next few years. Has anyone else encountered this before? |
If you are not the CEO or a top executive, investors won't care, or even know. It's best to diversify. Even if you lose out on potential future appreciation - and get market returns instead - it's a dramatic reduction in risk, and presuming you get a lot more value out of the first few million than in more millions later, it's usually a good tradeoff.
If you are the CEO or a major shareholder, consider establishing a planned schedule of stock sales. Investors will not be so concerned about a gradual selloff that appears to function more as a method of providing constant cash flow.
if your an insider and you need to worry about signaling or legality. again probably need a financial planner.