4 ms·
Is there any way to buy stock from employees now?
by djyaz1200 4y ago
Is there any way to buy stock from employees now?
- drexlspivey 4y agoThere are secondary markets for private companies' shares (like EquityZen) but I believe you need to be an accredited investor to participate
- paxys 4y agoThere have always been ways. Find an employee and make them an offer. Or use one of the many private marketplaces.
- umeshunni 4y agoEquityZen had an offer to buy last week at a $75B valuation / $32 per share.
- JumpCrisscross 4y ago> EquityZen had an offer to buy last week at a $75B valuation / $32 per share That's wildly off market, like 30%+. That's high, even for a retail platform.
- magneticnorth 4y agoWhat do you mean by off market? Are you saying the value should be 30%+ higher or lower, and how did you get that? Obviously the usual kind of market isn't applicable here, so I'm curious what you mean.
- umeshunni 4y agoI think they mean it's 30% higher than 'market'. I've seen article stating that Stripe's current internal valuation is like 60B or so. That valuation might be what they're referring to.