article thumbnail

Slack S-1: Will ARPU Drive Long Term Value?

View from Seed

Practically speaking this doesn’t mean that all of the shares owned by founders, investors, employees (RSUs), or others will be available to trade immediately as they will need to be converted and registered for public trading. But it does mean that traditional 180 day lock-up periods won’t generally apply to existing Slack shareholders.

article thumbnail

Slack S-1: Will APRU Drive Long Term Value?

Agile VC

Practically speaking this doesn’t mean that all of the shares owned by founders, investors, employees (RSUs), or others will be available to trade immediately as they will need to be converted and registered for public trading. But it does mean that traditional 180 day lock-up periods won’t generally apply to existing Slack shareholders.

article thumbnail

2021 was a record breaking year for Israeli startups. What now?

VC Cafe

Both employees and investors typically have a 6 month lock up period (exceptions apply of course) so this can have devastating effects on liquidity and retruns. Given that some of these new stocks have low trading volume, in practice the lock up period can be longer. Global tech correction.