passive shares

1 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Nov 3, 2016 by Ben Nye · across every show →

Everything said about passive shares, oldest first

Nov 3, 2016 positive
Disclosure
Turbonomic repurchases equity from departed employees to keep cap table active
“From time to time the company has retired passive shares. And there's typically a thing called an investor rights agreement that governs the way in which that is executed. And indeed we've done that as well, just to keep more equity and more active hands.”
Ben Nye Nov 3, 2016 ▶ 6:35 EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye
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