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I think you have misunderstood what is happening now. Companies are staying private lot longer not because there is some obscurity or different interests etc.
by thisisit 8y ago
I think you have misunderstood what is happening now.
Companies are staying private lot longer not because there is some obscurity or different interests etc. They are staying private for the same reason public companies are buying back more and more shares.
And giving them another market is not going to help, naivety or not. What is going to help is tightening interest rates and rising yields. It should change the flow. But that's not going to happen in short term. And certainly not with naive blockchain options.
That said, a quick google search throws up tons of places to sell your private stakes. Example - EB Exchange (source: https://www.cnbc.com/2017/06/12/uber-insiders-are-eager-to-sell-shares-but-they-cant-find-a-market.html https://www.cnbc.com/2017/06/12/uber-insiders-are-eager-to-s...)
- netcan 8y agoI think we might be misunderstanding eachother. :) I have no opinion on why companies are staying private. But, since they are.. there are big, private ESOP schemes that exist. These lack liquidity. Google will return all sorts of brokers who "arrange liquidity discreetly." But, this is pretty limited, difficult to access, and comes with massive transaction costs. There's a big difference between a sanctioned and efficient way to buy and sell equity & brokers who can make a market for anything.