Latest / The Startup Exit Podcast with Fexingo: IPOs, Acquisitions, and Founder Liquidity Events
Why Lockup Expirations Are the Real IPO Clock
Most people think an IPO is the finish line. But for founders, the real race starts when the lockup expires. Lucas and Luna break down how lockup agreements — the 90-to-180-day period after a public debut when insiders can't sell — create a second wave of selling pressure that can crater a stock. They walk through the mechanics: why the lockup expiration on Rivian, ticker R-I-V-N, which is down over 17 percent in the last five days, is a textbook example of this dynamic. They contrast it with how a company like Palantir structured its direct listing to avoid the lockup trap entirely…
The skinny
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