We help startup employees sell their stock options

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2024: Canva makes staff instant millionaires after $3.6b share sale
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2024: Stripe raises $694m through share sale to provide employee liquidity
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2024: Canva makes staff instant millionaires after $3.6b share sale
2024: Stripe raises $694m through share sale to provide employee liquidity

Companies stay private longer

It takes longer and longer for companies to get to IPO or acquisition. It makes harder and harder for employees to sell their shares.
yahoo
2y to IPO
‘94-’96
google
6y to IPO
‘98-2004
facebook
8y to IPO
2004-2012
slack
10y to acquisition
2009-2019
airbnb
12y to IPO
2007-2024

However, you can still sell options before IPO

More private companies are introducing employee liquidity programs. Such programs allow employees to sell part of their stock options or shares. It is a win-win, as it let’s companies take control of their shareholders and at the same time not compromise of liquidity of its employees.
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Interested in selling options?

Submit your company name and we’ll try to help.
1
We reach out to companies and help their employees sell options. By submitting your company name, we’ll add your employer to our outreach list.
2
We help companies set up employee liquidity programs, a process that takes a few months and creates selling opportunities for you.
3
We keep employee requests anonymous. We are not sharing information on who is willing to sell with the company.
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Pius Binder
Product manager at Canva, Growth Manager at Facebook
“Stock options change life because they provide the option to walk away at any time. Therefore, you strive to to make the best impact possible.”
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Pius Binder

FAQs

When is it best to sell your options?


The short answer to this questions is
  • when there is an opportunity - e.g. a secondary sale and
  • when you need to or want to cash out or otherwise diversify your investment portfolio.
You should carefully consider your financial situation, the tax liability of selling the options as well as the company's long term growth prospects before deciding to sell.

How can I ask HR about selling options?


If your company has a dedicated HR person who takes care of the stock option program, you can approach them and ask whether any opportunities to sell options have happened in the past and whether any are likely to happen again. If there is no such dedicated person, your first task is to find the right person to talk to.

How do I talk to manager about selling options?

Talking to your manager about selling your stock options can be a bit more difficult. Not all managers know how stock options work or what they even are. Try to understand how much your manager knows of this topic before pressing too hard. You might be able to find some answers first in your company wiki or your manager might know who the right person for you to talk to is.

How can I know if my grant from previous company is still active?

If your company used an options management platform, you can check your account there and see if your options are still active or if they have expired (easiest). If no such platform was used, you can either read through your options contract to understand if they are still active (difficult, I know) or ask someone from the company to help you understand if the options are still valid (a bit easier).

How much tax do I have to pay if I sell my options?

There is no single answer to this question as it all depends. However, you can have a look at our tax calculator to get an estimate.

Will my company allow me to sell my shares?

While the ability to sell your shares depends on your company's policies and any restrictions associated with your stock options, many companies allow employees to sell their shares once certain conditions are met. These conditions may include a vesting period, blackout periods, or other company-specific rules. It's best to refer to your company's stock option plan documents or speak with your HR department or stock plan administrator to understand the guidelines for selling your shares.

How many options I have vested?

To determine the number of vested options you have, you'll need to refer to your stock option grant agreement or your stock plan account. The exact number of vested options will depend on factors such as the vesting schedule outlined in your grant agreement and any additional terms specified by your company's stock option plan. If you're unsure about the number of vested options you have, you can reach out to your HR department or stock plan administrator for clarification.

It’s a small step that can lead you to life-changing results. Let us know if you’re interested to sell.

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This is fully anonymus
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Christian Iacullo
Christian Iacullo
Engineer at Atlassian, Canva
“Obviously, I was extremely happy. It was the biggest financial outcome that I had received in my life.”
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