Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

It's against any competently worded lockup agreement.

"“Derivatives” is sort of a vague term, and there is a persistent folk belief that they have magic powers, that any legal or financial problem can somehow be solved by doing a derivative."

https://www.bloomberg.com/opinion/articles/2019-04-08/lyft-i...



Lyft's common stockholder market standoff agreement doesn't bar hedging. See the s1.


But employees are forbidden to hedge. Source: am one.




Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: