🗞️📢💲"IPOs Are So Passé. Here's How Employees Are Getting Rich Now" Corrie Driebusch's weekend piece in the The Wall Street Journal features Nasdaq Private Market and how our decade of experience + advanced technology power the modern day tender offer.▶️Read More From WSJ Here: https://lnkd.in/eysb6fbu 🔦Highlights: ✅$6 Billion+ of Stock in Private Companies Has Been Sold This Year with Nasdaq Private Market (Almost Double The Amount As Last Year) ✅NPM Facilitated Nearly 100 Tenders in 2024 Compared to 10 in 2013 ✅Increasingly, Unicorns, Startups and Other Private Companies are Turning to Tender Offers Ahead of Potential IPOs ✅Helping Employees Cash Out on Some of Their Equity Holdings Supports Company Recruitment and Retention Goals ✅ 42% of Companies Running Tenders in 2024 were Repeat Clients Signaling That Regular Tender Adoption is On The Rise
With many startup founders these days eschewing the hassle and expense of going public, private companies are instead turning to tender offers as a way to reward longtime employees and early investors.