this post was submitted on 11 Mar 2024
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Reddit wants to raise $748M with IPO, sets value at $6.4B (go.theregister.com)
submitted 8 months ago by [email protected] to c/[email protected]
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[โ€“] [email protected] 2 points 8 months ago (1 children)

I read the Reddit S-1, the lock-up period is three days. Yeah, I'm a nerd, but in this case it was more just wanting to know how long Huffman et al will be forced to sit and watch the stocks freefall before they could ditch them, lol.

[โ€“] [email protected] -3 points 8 months ago

Most the time they are restricted in their sales. He has to declare his in advance. Most likely he can sell for six months