Looking to sell Hugging Face stock or options?
Hugging Face is the creator of a community platform focused on machine learning, designed to foster collaboration on models, datasets, and applications. The platform of the company promotes the creation, discovery, and collaboration on machine learning projects. Hugging Face also offers premium computing and enterprise solutions to expedite processes using open-source development. The company is committed to developing fundamental machine learning tooling, enabling users to enhance and support the field of machine learning through collaboration, tools, and services.
AMD Ventures, International Business Machines, Coatue Management, Mozilla Ventures, Alphabet, Lux Capital, AIX Ventures, Sound Ventures, GV, IBM Global Finance, Advanced Micro Devices, SV Angel, Mercuri, Premji Invest (US), IBM Ventures, MarketX, Amazon.com, Bossa Invest, Nvidia, Patrick Montague, The Chernin Group, Intel, Betaworks, NVentures (Santa Clara), Firestreak Ventures.
Hugging Face 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 Hugging Face stock. Depending on Hugging Face’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 Hugging Face 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 Hugging Face stock in two ways. First, Hugging Face 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 Hugging Face stock. Note that all transactions in Hugging Face 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.
Hugging Face 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 Hugging Face stock. Typically, shares of private companies like Hugging Face 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 Aug 2023, Hugging Face is reported to have closed an equity financing in which the investors valued the company at $4.57B. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Hugging Face 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 Hugging Face is not currently publicly traded, it does not have a ticker symbol.
Hugging Face has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Hugging Face 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 Hugging Face 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.