Looking to sell Slice stock or options?
Slice is the company behind a digital platform that allows people to order pizza online and connect with authentic local pizzerias. The company's platform gives local pizzerias the data, technology, and marketing resources they need to grow and compete with large chains. This helps to create market for authentic pizza and allows small businesses to prosper against larger corporate chains.
RiverPark Ventures, Wiley Cerilli, Kohlberg Kravis Roberts, Expanding Capital, Adam Bain, Founders Circle Capital, FJ Labs, Contour Venture Partners, Notable Capital, Wormhole Capital, Cross Creek Advisors, Granite Asia, Wellesley Strategic Advisors, Primary Venture Partners, Teamworthy Group, 01 Advisors.
Slice 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 Slice stock. Depending on Slice ’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 Slice 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 Slice stock in two ways. First, Slice 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 Slice stock. Note that all transactions in Slice 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.
Slice 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 Slice stock. Typically, shares of private companies like Slice 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 Apr 2021, Slice is reported to have closed an equity financing in which the investors valued the company at $1.01B. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Slice 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 Slice is not currently publicly traded, it does not have a ticker symbol.
Slice has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Slice 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 Slice 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.