In order to conduct or facilitate a private tender offer, companies are often required to disclose confidential information they’re used to guarding closely. Learn more about what leading a tender offer may need to share the following with employee sellers.
We recently spoke to Craig Jacoby, legal specialist on secondary financing, about how companies should balance controlling their capitalization tables with providing liquidity opportunities to employees, and how to best manage some of the risk involved.
A decade ago, high-performing late-stage private companies had plenty of reasons to go public or sell themselves at year seven; solving for employee liquidity was not among them. Why it's important now.
Once the Founder’s Circle investment was conducted, there began the consistent flow of calls and conversations with Sam. The kind possible because Founders Circle was an investor in Elemental’s people rather than in the company.