Why Sell?
Liquidity
Diversification
Capitalize on the progress of your company
No Lock-ups
No disclosure requirements to the public markets, (especially, if IPO is possible exit)
No longer with the company
Personal matters
How Do You Qualify As a Target Client?
NETCIRQ primarily focuses on venture-backed companies that are three to thirty-six months away from a potential liquidity event. A typical transaction size ranges from $500K to $50 million. It is helpful if the founder(s) is(are) still currently in management with the company or are able to provide access to the management team for buyer due diligence.
Who Have Done This?
The founders of Google, Salesforce.com, Craigslist, Facebook, Tesla Motors, NetFlix, Carbonite and many others all have sold some of their stock when their companies were still private. Several of the aforementioned companies have closed their transactions through NETCIRQ. Their venture backers include Benchmark, New Enterprise Associates, TCV, Accel Partners, ONSET, General Atlantic and Menlo Ventures.
Who Buys Your Shares?
We market your transaction to institutional buyers who are able to invest in restricted secondary interests in common/preferred stock. NETCIRQ ensures the best price. There is no impact on the capitalization of your company as existing shares are simply being transferred.