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Carta and NewView partner, hoping to entice more startups to let employees sell shares early

CN
CitrixNews Staff
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Carta and NewView partner, hoping to entice more startups to let employees sell shares early

Startups are staying private longer leaving employees, who typically take a portion of their compensation as stock they can’t sell, with little hope of early liquidity.

An increasing number of late-stage startups are recognizing this and offering tender offers to employees. These are transactions that allow employees (and, often, early investors) to sell a portion of their shares for a predetermined price to an approved investor.

Originally reported by TechCrunch. Read the full story at the original source.