In this episode, CII General Counsel Jeff Mahoney sits down with Sven Riethmueller, Clinical Professor of Law and Director of the Entrepreneurship & Innovation Clinic at Yale Law School, to discuss his research paper entitled "Beetles with Ballooning Burdens: Pushing Out Pre-IPO Compensation Costs Until the RSU Reckoning."
Professor Riethmueller details how the paper scrutinizes the stock-based compensation practices of pre-IPO unicorns in the United States and what risks this poses to institutional investors, and details his recommendations for regulatory reforms to address the issue.