Ask HN: How do ex-employees sell shares in a late-stage, pre-IPO company?
I was an early employee of a company that closed their $150M series E in May. I'd like to liquidate some of the shares I own instead of waiting another 2-3 years for a possible IPO. I understand there are secondary markets that broker these deals but I haven't had any luck with them. Can I find an interested buyer myself and skip the wait/brokerage fee? If my former employer and its investors have a tendency to exercise its ROFR, can I just approach them directly with an offer to buy some of my shares? 0 comments on Hacker News.
I was an early employee of a company that closed their $150M series E in May. I'd like to liquidate some of the shares I own instead of waiting another 2-3 years for a possible IPO. I understand there are secondary markets that broker these deals but I haven't had any luck with them. Can I find an interested buyer myself and skip the wait/brokerage fee? If my former employer and its investors have a tendency to exercise its ROFR, can I just approach them directly with an offer to buy some of my shares?
I was an early employee of a company that closed their $150M series E in May. I'd like to liquidate some of the shares I own instead of waiting another 2-3 years for a possible IPO. I understand there are secondary markets that broker these deals but I haven't had any luck with them. Can I find an interested buyer myself and skip the wait/brokerage fee? If my former employer and its investors have a tendency to exercise its ROFR, can I just approach them directly with an offer to buy some of my shares? 0 comments on Hacker News.
I was an early employee of a company that closed their $150M series E in May. I'd like to liquidate some of the shares I own instead of waiting another 2-3 years for a possible IPO. I understand there are secondary markets that broker these deals but I haven't had any luck with them. Can I find an interested buyer myself and skip the wait/brokerage fee? If my former employer and its investors have a tendency to exercise its ROFR, can I just approach them directly with an offer to buy some of my shares?
Hacker News story: Ask HN: How do ex-employees sell shares in a late-stage, pre-IPO company?
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October 06, 2021
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