liquidity

There’s nothing wrong with liquidity

Are Facebook employees who took advantage of the ability to cash out
some of their stock holdings as part of a tender offer from investor
Digital Sky Technologies “mercenaries“?

Controversial BusinessWeek tech reporter Sarah Lacy thinks they are.
The reason: they’re giving up too soon. Lacy believes the $100m tender
offer, which is giving some employees the ability to sell up to 25% of
their Facebook stock at a $6.5bn valuation, will prove to be a
steal for Digital Sky Technologies.