Facebook employees and others who are contemplating when to sell their stock can get some help from a new startup called Wealthfront.
The company has created a financial planning tool that lets anyone who works in a tech company test their options for selling stock after an initial public offering.
Andy Rachleff, chief executive of Wealthfront and co-founder of Benchmark Capital, said in an interview that the company is targeting tech professionals in their 20s and 30s who are sitting on a lot of startup stock and need advice about what to do with it.
“Very few people know the answer to the question about when they should sell stock,” Rachleff said. “It’s always the No. 1 question we get from people that we work with. Another popular question is when should I exercise my stock options.”
To read the full, original article click on this link: Startup helps employees decide when to sell their stock | VentureBeat
