Product News
Introducing Transfers by AngelList Venture
A Company-Friendly Liquidity Solution.
Sep 7, 2020 — 1 min read
Written by
Today’s landscape is becoming more amenable to offering diverse liquidity options for investors, founders, and early employees. We’re bringing our expertise from managing over 4,300 funds and syndicates to launch Transfers, a simple, streamlined tool for companies to provide liquidity to their shareholders while maintaining full control over the process.
Here are the reasons why companies prefer Transfers to manage their liquidity:
- Simplify the cap table: all buyers come in through a single entity advised by AngelList
- Protect private information: information rights are held by the single entity and not provided to the underlying investors
- Streamline future voting and signatures: the single entity will vote with the majority of non-conflicted holders of the same class and only a single signature is needed from AngelList for all buyers
- Reduce operational, legal, and regulatory overhead: AngelList manages the entire process end-to-end; your board just approves regular transfers as they occur to a previously known process
Our experienced team has run over $200M+ of liquidity transactions specializing in high growth venture-backed companies, including a top 10 fintech company and top 10 university endowment. If you’re interested in learning more, please let us know here.