Selling Shareholders

Your company’s IPO plans
don’t always align with your life

Join the SharesPost marketplace and explore new options for selling your private company shares.

How the SharesPost marketplace works for private shareholders

1
Join the SharesPost marketplace for free.
2
Fill in a short form to indicate your interest to sell, desired price, and number of shares.
3
A SharesPost Private Securities Specialist will reach out to discuss the transaction process.
4
SharesPost works with its network of 50,000 accredited investors and institutions to source potential buyers.
5
SharesPost’s legal and compliance teams work with you to close your transaction.

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Balance short and long-term goals

Balance short- and long-term goals

Balance short and long-term goals

If you’re looking to maintain the great working relationship you have with your current company, while turning your equity into liquid assets you can use now, SharesPost can help.

  • Buy your first home or remodel the one you already own.
  • Cover expenses to take care of children or parents.
  • Diversify investments as you save for the future.

The SharesPost marketplace for shareholders

SharesPost specializes in supporting private companies and their employees before—and as they prepare for—their IPO. Our Private Securities Specialists are licensed brokers with years of experience helping private shareholders transact with interested buyers.

250+ private company partnerships
250+
private company partnerships
$4.5B+ private shares traded to date
$4.5B+
private shares traded to date
50,000+ accredited buyers in our marketplace
50,000+
accredited buyers in our marketplace

An ever-increasing number of shareholders of late-stage private companies are seeking liquidity, and with good reason. As companies stay private longer, the lack of liquidity, and its converse, over-concentration in a single stock, becomes even more burdensome. Even in the bullish cases where shareholders see an IPO on the horizon, they may prefer to take some money off the table today rather than further delay and rely entirely on the uncertainty of a public market’s treatment of the stock price over the 180 day lock up period during which they cannot typically sell their shares.

For the great majority of shareholders seeking to sell private stock for the first time, the process can be daunting. Selling shareholders must: (1) analyze limited information to value their shares; (2) source and negotiate with multiple potential buyers; and (3) retain or have the legal expertise to comply with securities laws, document the transaction and conform to the issuer’s unique transfer protocols. Even where a seller has access to these resources, finding the time needed to manage these tasks is a frequent problem.

Here are some points selling shareholders might keep in mind while navigating these challenging waters.

Broker or No Broker?

The first decision to make is whether or not to retain a broker. As the founder of SharesPost, I acknowledge a certain bias when it comes to this question. That said, I believe most sellers are materially better off using a broker. Selling private company shares is a lot more like selling a house than it is selling public company stock online. Few shareholders have the private market expertise, information, network or time to effectively represent themselves. Just as you expect a good real estate agent will more than offset their commission by getting you a better price for your house, a private market broker can make an even greater difference when it comes to optimizing your chances to close a sale for full value.

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Greg Brogger

Greg Brogger

Greg Brogger is the CEO and Founder of SharesPost, Inc. He founded SharesPost in early 2009 to bring transparency, efficiency and scale to private securities transactions.

Join the SharesPost marketplace

Start getting in-depth analysis of private companies and industry trends.

Talk with a SharesPost broker

Learn more by talking with one of our licensed brokers, who specialize in helping private shareholders.