3 ms·
Seems like we're missing a "StocList" for buying/selling shares in private companies. There are some "secondary market" services. But (IIRC) they all take a hef
by staunch 7y ago
Seems like we're missing a "StocList" for buying/selling shares in private companies. There are some "secondary market" services. But (IIRC) they all take a hefty cut from both parties, have zero transparency, act as an intermediary, have high minimum transactions, etc.
Seems like accredited investors and private company stock owners should be able to make deals directly. Someone get on it!
- javert 7y agoIf there is such a thing, I would absolutely love to find out about it. Even if only open to accredited investors.
- javert 7y ago> There are some "secondary market" services. But (IIRC) they all take a hefty cut from both parties, have zero transparency, act as an intermediary, have high minimum transactions, etc. Does anyone know of any such services that are reputable and worth using? Even if it's expensive. Kind of to be expected in that field.
- _1tan 7y agoA few are mentioned here: https://www.holloway.com/g/equity-compensation/sections/can-you-sell-private-stock https://www.holloway.com/g/equity-compensation/sections/can-....
- javert 7y agoCool!
- _1tan 7y agoThere is also https://carta.com/ https://carta.com/ which eventually thrives to become a private market: https://techcrunch.com/2019/05/06/carta-was-just-valued-at-1-7-billion-by-andreessen-horowitz-in-a-deal-some-see-as-rich/ https://techcrunch.com/2019/05/06/carta-was-just-valued-at-1....