Professor Aswath Damodaran's comments on the market effects of IPO lockups are referenced
— December 18, 2019
Excerpt from Bloomberg -- "Those pushing for more direct listings disagree. Forcing early investors and insiders to wait six months before selling their shares could actually add confusion to the market, New York University professor Aswath Damodaran said in an interview. 'If it does matter what insiders think enough about the stock to hold it, waiting six months to find out is more dangerous than finding out right away,' he said in an interview. 'I think the effects of lockups are vastly overstated.'"