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Square CEO Jack Dorsey. Credit: Brian Solis
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Employee Stock Sales Boom, As Square Considers One at $5 Billion

By Jessica E. Lessin and Eric Newcomer · Dec 5, 2013 4:35pm PST
Across Silicon Valley, employees are cashing out. For years, the Valley's conventional wisdom has held that allowing employees to sell some stock before an initial public offering would reduce their drive and hurt retention. Sales began happening anyway, but behind employers' backs on the secondary markets. But there has been a... Across Silicon Valley, employees are cashing out. For years, the Valley's conventional wisdom...