How are employees left holding the bag here exactly?
Employees with shares, options or RSUs of Zappos private stock now have the same on a publicly traded stock. There may be a holding period for them as well, but every time that I've been an employee at a company that's gone public or been bought by a public company (1 of the first and 2 of the second), the only bags I've been left holding were full of $$.
Employees with shares, options or RSUs of Zappos private stock now have the same on a publicly traded stock. There may be a holding period for them as well, but every time that I've been an employee at a company that's gone public or been bought by a public company (1 of the first and 2 of the second), the only bags I've been left holding were full of $$.