Friday, October 22, 2010

Private held companies implementing share trade feeds

Facebook and Zynga etc are starting to charge fees of at least $2,500 for each sale of company shares, in a move to discourage employees from putting equity in the hands of large numbers of outside owners before an initial public offering.

I wonder how this is legal? Wouldn't this need to be put into the terms of the shares at the time they were issued? how can they just implement this after they have been earned etc?

BTW want to buy Facebook shares? check out this post here;


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