| ▲ | misiti3780 4 hours ago | |
so how do stripe employees get liquidity? can anyone sell their secondary shares? | ||
| ▲ | tomwheeler 4 hours ago | parent | next [-] | |
I can't speak for the specific case of Stripe, but it's fairly common for private companies to have a "tender offer" in which employees have the opportunity to sell some portion of their equity. This is often done in conjunction with a new investment round. | ||
| ▲ | Scoundreller 2 hours ago | parent | prev | next [-] | |
Bankruptcy court? FTX bought 8% of Anthropic for $500m in 2021. https://www.forbes.com/sites/josipamajic/2026/03/18/ftx-owne... | ||
| ▲ | toomuchtodo 4 hours ago | parent | prev | next [-] | |
Tender offers. https://www.investor.gov/introduction-investing/investing-ba... https://www.law.cornell.edu/wex/tender_offer https://carta.com/learn/equity/liquidity-events/tender-offer... https://hn.algolia.com/?dateRange=all&page=0&prefix=false&qu... (secondary markets are sometimes an option, depending on stock transfer restrictions) | ||
| ▲ | newaccountman2 4 hours ago | parent | prev | next [-] | |
Private/secondary markets. | ||
| ▲ | jiveturkey 2 hours ago | parent | prev | next [-] | |
There's a newish term for this: RLO, Recurring Liquidity Opportunity. These are tender offers at some recurring interval. Even some companies that have a shorter lifespan (say 7 years) offer this. | ||
| ▲ | vanuatu 2 hours ago | parent | prev | next [-] | |
regular tender offers | ||
| ▲ | clint 4 hours ago | parent | prev [-] | |
Stripe might buy back the shares at a good price. They might be able to sell on secondary markets. | ||