Looking to sell Linear stock or options?
Linear has developed an issue-tracking and project management tool that enhances software building and management efficiency. The platform is designed to streamline the execution phase of development, covering projects, sprints, tasks, and bug tracking. This allows businesses, from public corporations to emerging startups, to align their teams, reduce friction, and boost efficiency.
Harry Stebbings, Aston Motes, Ilkka Paananen, Jeffrey Chang, Daniel Liem, Anthony Guo, Job van der Voort, Riku Mäkelä, 01 Advisors, Robert Gentz, Claire Johnson, Koen Bok, Index Ventures, Fred Stevens-Smith, Anssi Rusi, Julia DeWahl, Russell Smith, Accel, Christina Cacioppo, Basics Capital, Patrick Collison, Praveen Naga, Lee Robinson, Kenneth Auchenberg, Tikhon Berstram.
Linear 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 Linear stock. Depending on Linear’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 Linear 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 Linear stock in two ways. First, Linear 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 Linear stock. Note that all transactions in Linear 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.
Linear 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 Linear stock. Typically, shares of private companies like Linear 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 Sep 2023, Linear is reported to have closed an equity financing in which the investors valued the company at $349M. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Linear 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 Linear is not currently publicly traded, it does not have a ticker symbol.
Linear has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Linear 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 Linear 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.