Looking to sell JobGet stock or options?
JobGet operates a job discovery platform designed to streamline the recruitment process for hospitality and retail positions. By using JobGet, employers can effortlessly locate suitable candidates based on their specific needs, while job seekers can explore available opportunities tailored to their skills and location. The platform allows users to connect instantly via text messages, schedule meetings, and even conduct video interviews, all within minutes, enhancing communication and efficiency for both parties involved.
Sanabil Investments, Flow Capital, JAZZ Venture Partners, Data Point Capital, Crocker Mountain, Pillar VC, Gregory Donoghue, Equal Opportunity Ventures, Anna Wagner, MassChallenge, MIT Inclusive Innovation Challenge.
JobGet 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 JobGet stock. Depending on JobGet’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 JobGet 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 JobGet stock in two ways. First, JobGet 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 JobGet stock. Note that all transactions in JobGet 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.
JobGet 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 JobGet stock. Typically, shares of private companies like JobGet 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 Jun 2022, JobGet is reported to have closed an equity financing in which the investors valued the company at $481M. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of JobGet 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 JobGet is not currently publicly traded, it does not have a ticker symbol.
JobGet has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though JobGet 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 JobGet 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.