STRUCK BY: Love Them Tender



For people considering a move to a startup, equity is often the biggest part of their compensation packages. Your hard work now, says the company, will pay off when the company goes public down the road. But volatile economic conditions have led to a sharp downtick in both the number of IPOs and how much money they’ve raised over the past four years.

As companies (sometimes unexpectedly) stay private for longer, employees can get restless. More and more companies are looking for ways to create liquidity events that allow employees to “cash in” their shares. Companies like Stripe and SpaceX have gone through tender offers, where their employees are able to sell their shares on the secondary market.

It’ll be interesting to see if this trend continues, especially as we see more and more companies postpone IPO plans.

Emily Lerner, skillstruck studio

⚡️Leadership Coach + Professional Truth Teller 👩🏻‍💻 Recovering tech exec 🔥 People Strategist 📍Silicon Valley skillstruckstudio.com

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