Darren Herman

Eric Eldon over at VentureBeat writes:

Facebook has an internal valuation of $4 billion, as we’ve previously reported. It will begin letting current employees sell 20 percent of their fully vested stock options at that valuation, starting this fall, I’ve learned from well-connected sources.

This is genius, from a talent management perspective.  Early employees can reap the benefit of their hard work and will potentially help to lower the attrition rate.  A nice reward to employees.

From one founder to another:  holding out for the golden egg may not be the best idea - if you have the chance to dollar cost average, go for it.