April 14, 2021
Business News

Private Company Employees Tap Quid to Exercise Their Earned Equity, Circumventing Costly Out of Pocket Exercise Fees


LOS ANGELES–()–Quid, a smart liquidity tool for private stock shareholders, solves a common pain point for employees at high-growth startups: the inability to afford extremely expensive option exercise costs before an IPO. Before Quid, if employees wanted to exercise equity before an IPO, there were limited options for shareholders which meant they would likely have to absorb large tax payments and exercise fees out of pocket. This problem has plagued shareholders for decades and forced many private company employees to wait for an IPO to exercise. Quid’s shareholder-first solution allows employees to borrow against their private stock value without having to transfer or sell shares. This approach allows Quid…



Click here to view the original article.

Related Posts

You might also like ...

AON Splash Image
GenScript Biotech BV e IES Diagnostics concludono accordo di distribuzione per il kit per anticorpi anti-SARS-CoV-2
Arctos NorthStar Acquisition Corporation Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing April 15, 2021
Riassunto: Velodyne propone le sue avanzate soluzioni lidar al salone dell’automobile Auto Shanghai 2021