Looking to sell Future stock or options?
Future is a personal training application that connects users with a dedicated fitness coach via their smartwatch. This app tailors individualized workout plans and maintains daily communication to ensure users stay on track. By facilitating constant interaction with trainers, Future empowers individuals to achieve their fitness objectives.
Farvatn Venture, Stanford University Venture Fund, Afia Capital, Shaun Livingston, J.J. Watt, Timeless Ventures, Evolution VC Partners, Kevin Durant, Oliver Hudson, Philadelphia 76ers, Samsung NEXT Ventures, Rory McIlroy, Annie Case, Courtside Ventures, Caffeinated Capital, Kate Hudson, Todd Goldberg, Beyond The Game Network, Ndamukong Suh, Jeremy Stoppelman, Optum Ventures, Alumni Ventures, Founders Fund, Endeavor, Burst Capital.
Future 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 Future stock. Depending on Future’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 Future 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 Future stock in two ways. First, Future 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 Future stock. Note that all transactions in Future 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.
Future 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 Future stock. Typically, shares of private companies like Future 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 Feb 2022, Future is reported to have closed an equity financing in which the investors valued the company at $287M. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Future 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 Future is not currently publicly traded, it does not have a ticker symbol.
Future has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Future 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 Future 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.