Latest / The Startup Exit Podcast with Fexingo: IPOs, Acquisitions, and Founder Liquidity Events
How Founders Use Tender Offers for Pre-IPO Liquidity
In this episode of The Startup Exit Podcast, Lucas and Luna explore tender offers as a liquidity tool for pre-IPO founders and employees. They examine a recent case where a late-stage fintech unicorn allowed early shareholders to sell shares to a consortium of secondary buyers at a discount, netting $400 million in liquidity without triggering a public offering. The hosts break down why tender offers are increasingly common in today's market, where volatility in names like Rivian and Coinbase has made founders cautious about timing IPOs. They also discuss how tender offers let companies…
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