Curious to hear your process when discussing with the Board and how you sourced buyers for your shares. Are you on the board? Were the buyers personal relationships?
Has the company recently received outside investment?
I mainly found buyers from inbound emails and via SharesPost, EquityZen and Equidate (Forge).
I am not on the board.
The way I approached this, was to be upfront with the potential buyers and letting them know that the board is not allowing any transaction as far as I know.
Then we would draft a contract with their broker team and I would be sending it to my previous company's general counsel or CEO.
Each time it was received and responded to with "We do not authorize any transactions for now. Thanks, bye" which was very frustrating.
No recent outside investment AFAIK.
geoffreyy|6 years ago
chrdlu|6 years ago