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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – Preparing for a Secondary Sale Transaction
Description: Preparing for a Secondary Sale Transaction Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing A secondary sale is important to the founders and employees of a company. It gives them the opportunity to sell their shares to gain liquidity in advance of the company’s exit. Here are some key issues to consider: Founders normally receive common shares when launching the company. There are advantages for founders who have preferred shares. Founders should consider starting with preferred shares instead of common ones. Generate interest in the secondary sale to...