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You earned your equity
Now see what it can do
We built Techdollar because life shouldn’t have to wait for an IPO
Access liquidity without selling your pre-IPO shares
Ares started with $225M. Owl Rock started as a lender nobody took seriously. Both are behemoths now.
@davidtollemache and I are next. I'm not hedging that.
We're heading to @CurveFinance
Techdollar is proposing to add the USDte/USDT pool on Ethereum to the Gauge Controller, which would give USDte a deep, public on-chain market next to mint and redemption.
Read it and weigh in: gov.curve.finance/t/proposal…
techdollar retweeted
BIG: @flutterwave employees can now get liquidity from their equity before an IPO, through @techdollarhq
“You can’t be sitting on your hands waiting for your company to decide, hey, let’s open up the liquidity period and run that liquidity program.” — @terrry
nitter.cf/techdollarhq/status/21…
Today, in partnership with @flutterwave, we’re proud to announce the launch of our first equity-backed liquidity program in Africa, available as an employee benefit to their entire workforce.
markets.businessinsider.com/…
Today, in partnership with @flutterwave, we’re proud to announce the launch of our first equity-backed liquidity program in Africa, available as an employee benefit to their entire workforce.
markets.businessinsider.com/…
Oh? First company to embed @techdollarhq across its entire workforce you say?
markets.businessinsider.com/…
techdollar retweeted
Borrowing against private shares is about to go mainstream and here’s why:
There is now $5.3 trillion of value sitting in private companies that cannot or will not list.
The median company goes public at 14 years old.
By Series C, employees collectively own more of the company than the founders. And for private startup employees, stock can be as much as 86% of net worth.
Thank you @PranavKiranBV for the article
Mega-IPOs broaden appeal of tycoon wealth tactics - tinyurl.com/4jfu6726 @PranavKiranBV
Look at that employee pool. The tastefully subtle illiquidity of it. Oh my god. It's even vested. Impressive. Now let’s see it pay rent.
techdollar retweeted
Most people don't need complete understanding to make a decision, buy something, form trust, etc.
If you make this a requirement for buying something, you shrink your TAM immensely.
Love how Terence and team are simply meeting customers where they're at, not forcing them to be experts on things they don't care about.
Stableminded #0061 powered by Latitude
@terrry @techdollarhq
We need to stop treating tender offers as a path to retirement, and start retiring the tender offers themself.
Private market "tenders" are becoming more popular.
these "stock sale events" give shareholders cash BUT force ~30% in taxes and (most key IMO) lost future value
Techdollar's alternative puts the same money into a "workforce credit line" backed by employee equity:
1) Employees get to draw cash.
2) The company earns the interest.
3) Nobody has to sell.
This is going to be huge for private markets.
Stableminded #0061 powered by Latitude
@terrry @techdollarhq
techdollar retweeted
"I don't want to sell my most valuable asset."
And you don't need to.
"We're saying, keep your equity, get cash now."
"The problem is there's no counterparty to say, I'll give you my shares, you give me money right now, and a year from now I'll pay you back because I want to own the thing."
@terrry, Founder of @techdollarhq, which aims to get people cash against their startup equity "inside of a five-day window, if not two days."
Stableminded Ep.0061
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