DataRobot employee resigns over stock sales
Can I ask two dumb questions though? If DataRobot is doing so poorly- why did investors want to purchase the executives' shares? Presumably they are sophisticated investors and had a look at the company books, etc.So let's say they liked what they say, and it made sense for them to purchase a certain amount of DataRobot shares. If that's the case- why not let the employees sell to the investors too? If there's a pool of investors who are willing to purchase X number of shares at Y value, presumably either they or other investors would like to purchase 3X number of shares.... Wouldn't this be win-win, the employees can sell if they like, and the investors can buy if they'd like? Why not allow that too?