Why Lockup Expirations Are the Real IPO Clock

Most people think an IPO is the finish line. But for founders, the real race starts when the lockup expires. Lucas and Luna break down how lockup agreements — the 90-to-180-day period after a public debut when insiders can't sell — create a second wave of selling pressure that can crater a stock. They walk through the mechanics: why the lockup expiration on Rivian, ticker R-I-V-N, which is down over 17 percent in the last five days, is a textbook example of this dynamic. They contrast it with how a company like Palantir structured its direct listing to avoid the lockup trap entirely. They also look at how some founders are now negotiating staggered lockups — releasing shares in tranches — so the market doesn't get flooded all at once. This episode is about the hidden clock ticking after every IPO and what it means for founder exit timing. #LockupExpiration #IPO #FounderLiquidity #Rivian #Palantir #DirectListing #StaggeredLockup #InsiderSelling #ExitStrategy #SecondarySales #FinancialEngineering #Underwriting #InvestmentBanking #SEC #StockVolatility #Business #Finance #FexingoBusiness Keep every episode free: buymeacoffee.com/fexingo