Founders Circle Capital
| |
Private | |
Industry | Venture capital, Private Equity Secondary Market |
Founded | 2012 |
Founders | Ken Loveless, Mike Jung, Chris Albinson |
Headquarters | San Francisco, California, USA |
Website |
founderscircle |
Founders Circle is a growth capital firm specializing in providing liquidity to founders and long-term employees through the purchase of their vested employee stock options (sometimes referred to as employee liquidity or direct secondaries). The firm structures aligned-liquidity programs that balance the needs of the company, the investors and the sellers.
Founders Circle works by invitation only of management and their boards, who are building today's Top 1% highest performing venture capital-backed start-ups. It invests out of its $195M Fund I,[1] and $208M Fund II.[2]
Founders[3] of the firm consist of three Silicon Valley investors, entrepreneurs, and executives: Mike Jung, Ken Loveless, and Chris Albinson.[4]
Investments
Founders Circle has invested in over 15 companies since 2012, amongst others: DocuSign, Kabam, Twilio, Pinterest, Ticketfly, and Elemental.
See also
References
- ↑ Founders Circle Capital Raises $195M for Secondary Share buys
- ↑ Founders Circle Raises $208M Fund for Secondary Deals
- ↑ Founders Circle Team
- ↑ Geron, Tomio (2016-09-16). "Founders Circle Raises $208M Fund for Secondary Deals". Wall Street Journal. ISSN 0099-9660. Retrieved 2018-07-02.
External links
- How the new tax law (Section 83(i)) Impacts Startup Equity
- A Brief History of Secondary Sales: From One-Offs to Employee Tender Offers
- Disclosures Needed for an Employee Tender Offer
- Why the Stock Option System is Broken
- A Legal Guide to Secondaries
- When Founders and Executives of Startups Should Consider Financial Wealth Planning
- A Guide to the Secondary Liquidity Market: Why and How to Manage Employee Liquidity Programs
- What Startup Founders & Employees Need to Know About Qualified Small Business Stock
- Navigating the Employee Liquidity Path: Private vs. IPO
- Everything You Need to Know about 409A Valuation: Dispersion of Employee Wealth
- Tick Tock, the 10-year Expiration of Incentive Stock Options (ISOs)
- Building Culture Through Tender Offers of Employees Stock Options
- When Startups Should Grant Restricted Stock- ISO, NSO, RSU - Equity
- Founders Circle Raises $208M Fund for Secondary Deals
- Founders Circle Raises $195M for Secondary Share Buys
- Founders Circle Capital
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