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You don't have to hold the stock until IPO. If the company is doing good, finding a private buyer through a stock broker shouldn't be that hard. Sure, you won't
by Anderkent 11y ago
You don't have to hold the stock until IPO. If the company is doing good, finding a private buyer through a stock broker shouldn't be that hard. Sure, you won't get the best deal, but it lets you cash out.
Also, if a private company grants you options and never gives you any options for liquidity (like buying the stock back when taking new investment etc) you should be really careful about overvaluing the options. Clearly the company wants to chain you down, not reward you.
- jvns 11y agoHave you found a private buyer for stock? What was the experience like?
- Anderkent 11y agoI haven't, but a coworker has. I'm not sure what the brokers cut was - but as far as I know it was pretty straightforward, with the broker handling all legalese/paperwork.
- mavelikara 11y agoI have sold stock (exercised options) to a private buyer. I found them via sharespost. The experience was good. I paid 5% of the proceeds to sharespost.