SharesPost hires big guns to invest in founder shares
SharesPost, the online trading company that lets founders and early executives of start-ups sell their shares early, has brought in some big guns to help them out.
It has announced a deal with Advanced Equities, a private equity firm, to bring that firm’s numerous professionals — about 100 brokers in total, once you include its affiliated partners — to buy shares on the SharesPost online marketplace.
SharesPost is just one of a growing number of companies seeking… Continue Reading
Trying to sell shares in a private startup? Join the club!
SharesPost is just the latest in a host of companies that are trying to make it easier to buy and sell shares in private companies.
Until recently, the assumption for most startups was that they’d get sold or go public in a reasonable amount of time — say six or seven years. That meant founders and executives of these companies didn’t really worry too much about finding an early way to sell shares.
But the dearth of… Continue Reading