No, the CEO of ChatWise, like other executives and major shareholders, is typically subject to lock-up periods and other regulations that prevent the immediate sale of shares following significant growth or an Initial Public Offering (IPO). Additionally, selling a large volume of shares rapidly could negatively impact the company’s stock price and market confidence. The community ownership model also aims to distribute shares broadly among users, reducing the likelihood of such scenarios.
Can the ChatWise CEO not just wait for many users to join the company then sell all his shares and get rich quick from that?
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