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Good companies will often let early employees cash out in whole or in part with a "Tender Offer". https://carta.com/blog/tender-offer-faq/ https://carta.com/blo
by sayrer 8y ago
Good companies will often let early employees cash out in whole or in part with a "Tender Offer". https://carta.com/blog/tender-offer-faq/ https://carta.com/blog/tender-offer-faq/
This can benefit the founders and major investors, because they take less dilution.
Personally, I think founders should do this any time they take money off the table.