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Which startups let you sell your stock?

Today we launched The Startup Liquidity Database to highlight which startups allow employees to sell their stock. To build this, we surveyed 100+ employees at growth-stage, VC-backed companies about whether their company lets them sell their stock.

Startup Liquidity Database Screenshot

Equity is an integral part of total compensation for startup workers. It can be a life-changing source of wealth creation for many people, especially those that work at companies that go public or get acquired.

However, companies are waiting longer than ever to go public. Because of this, in some instances, employees may want to sell some of their stock. On the buy-side, investors are eager to provide liquidity, but there are some catches.

The path to liquidity for most employees has several hurdles:

We built this database because we want to normalize talking about employee liquidity and to help employees make informed career decisions.

Equity without liquidity is only paper wealth. Right now, only a handful of late-stage private companies offer some form of recurring liquidity to employees as a benefit. In the future, we think pairing equity with liquidity will become table stakes for companies Series B and beyond.

Check out the database to find out if your company lets you sell your stock, and if it's not included, please add it!

Let us know what you think by replying to this email or on Twitter!

Thanks,

Walter, Jan, Nan, and Conor 

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