### Comment:
Yeah, for remaining shares on hand. But, when they go public, lots of founding employees/venture funds/late stage investors/seed investors/etc. are able to cash out significant stakes in order to create the IPO float. If your founding team owns 5%, that means that heavily cashed out during or in the months leading to the IPO.

### REPLY:
where would you find information like that on future IPO's? 
 Did Uber founding employees already cash out as well?

### END.