VC Cafe

JANUARY 14, 2022

The government set a goal to increase the percentage of people employed in tech t0 15% but it cannot be achieved overnight. 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. Strong foundations.

Israel 158

Israel Technical Review Lock-up Period South Korea 158

Kodorra

JANUARY 4, 2019

Governance for ICO can be relatively loose in countries such as Singapore as long as there is a real use of the ICO token or coin in the blockchain system that the company envisages. Because regulation and governance are tighter around securities, so is liquidity. Some regulators, such as U.S

Securities and Exchange Commission 40

Securities and Exchange Commission Technical Review Lock-up Period Accredited Investor 40

Venture Chronicles

OCTOBER 31, 2010

You may recall that back in the 1999-2001 timeframe it was popular practice for option holders who were in a lock-up period following an IPO to use a short process to borrow their company’s stock from other investors and sell it with the promise that they would forfeit their locked up stock when the lock up expired.

Valuation 42

Valuation Stock Options Lock-up Period IPO 42

Haystack

DECEMBER 28, 2019

Or, the burgeoning private markets, which now fuel private companies with so much cash there’s been a new push to go for “Direct Listings” as companies become publicly-traded, allowing more shareholders to trade freely quicker without traditional lock-up periods? Or, it’s perhaps the conundrum of the U.S.

China 146

China Startup Lock-up Period Cap Table 146