AI Summary

Startups are remaining private for longer periods, leaving employees with stock compensation that cannot be sold and limited early‑liquidity options. To address this, an increasing number of late‑stage startups are introducing tender offers that let employees—and often early investors—sell a portion of their shares. These transactions set a predetermined price and require the buyer to be an approved investor, providing a structured path for early share sales.

AI summaries can be wrong sometimes—always verify important details using the source article.