Pinterest's IPO minted instant millionaires, but for many employees there is a catch
April 23, 2019 at 10:46 AM EDT
IPOs, especially successful ones like Pinterest, can make instant millionaires out of early employees, but they can also be the demarcation point for a new kind of workplace. There is a culture shift with a focus on shareholder concerns. It can be challenging to recruit quality talent if there is a significant drop in market value after going public.