Facebook delayed a plan to let employees sell some of their stock. The plan seemed like a big win for the employees there but with the recession underway and no clear liquidity event in sight, I can't see why or how the company could move forward.
VentureBeat got the low-down:The global economy is in the midst of an incredibly difficult period, and all companies have been affected in some way. After carefully considering the current environment, we've decided to establish an open-ended timetable for an employee stock sale program. Despite the turbulence in the financial markets and … Read more