Looking to sell Bambee stock or options?
Bambee is the developer of an HR management application that provides a free suite of robust HR tools aimed at helping small and medium-sized businesses maintain compliance. The application monitors employee performance and conducts audits to uncover and address hidden compliance issues, allowing employers to efficiently document processes when terminating employees.
Mana Ventures, Greycroft, Steve Goodman, Damian Maldanado, Jason Nazar, SoftBank Group, Alpha Edison, 10X Capital, Robert Pittman, Gaingels, Open Opportunity Fund, Mucker Capital, Arthur Linuma, QED Investors, Reimagined Ventures, Kenneth Chenault, Damian Maldonado, Mark Terbeek.
Bambee is currently a private company. This means that the company is not listed on any public exchange and so there is no public market for its stock. However, there may still be ways to monetize Bambee stock. Depending on Bambee’s policies, you may be able to: (1) find a private buyer in the secondary market to purchase your stock, (2) borrow against your stock, or (3) exchange Bambee stock into the Collective Exchange Fund for a limited partnership interest and then borrow non-recourse against your interest to generate immediate cash. This last alternative can be much quicker and net you more after-tax cash than your other options. An exchange into our fund also reduces your risk by diversifying your holdings out of an over-concentrated position.
Collective Liquidity can provide liquidity to shareholders of Bambee stock in two ways. First, Bambee employees can exchange shares into the Collective Exchange Fund and then borrow non-recourse to generate immediate cash. This can net you more after-tax cash than a stock sale. It also reduces your risk by diversifying your holdings out of an over-concentrated position. In some cases, Collective may also be able to purchase your Bambee stock. Note that all transactions in Bambee shares are subject to the company’s policies regarding secondary transactions. Schedule a call with a Collective Liquidity representative to learn more about your private market liquidity alternatives.
Bambee stock is not listed on any public exchange and so there is no public market for its shares. Therefore, there is no single, centralized price for Bambee stock. Typically, shares of private companies like Bambee are set with buyers in one off negotiations. Collective Liquidity, however, uses a proprietary algorithm to determine its bids so we almost always have an immediately actionable price for you.
On May 2023, Bambee is reported to have closed an equity financing in which the investors valued the company at $348M. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Bambee shares outstanding assuming the conversion of all stock options, warrants, etc.
Tickers are used to identify company’s shares on public markets like the NYSE or Nasdaq. Because Bambee is not currently publicly traded, it does not have a ticker symbol.
Bambee has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Bambee is a well-known, successful company, there can be no assurance that it will ever go public or be sold. Because of the risk this imposes on Bambee shareholders, many investors elect to gain liquidity for at least some of their shares before the IPO. Schedule a call with a Collective Liquidity representative to discuss your private market liquidity alternatives.