Looking to sell Together stock or options?
Together operates a cloud-based services platform that offers a decentralized interface for artificial intelligence. Their platform focuses on developing open models that are both user-friendly and open source. This enables researchers, developers, and companies to enhance AI by utilizing intuitive data, models, APIs, and computation resources.
Nvidia, A.Capital Ventures, Salesforce Ventures, Greycroft, Prosperity7 Ventures, Susa Ventures, Long Journey Ventures, Coherence Ventures, SCB 10X, Robot Ventures, First Round Capital, Soumith Chintala, SV Angel, Manu Sharma, March Capital, Emergence (Financial Services), Factory, Definition, Lux Capital, Coatue Management, Brilliant Phoenix Capital Management, Hugging Face, Kleiner Perkins, Common Metal, A Capital Inn.
Together 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 Together stock. Depending on Together’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 Together 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 Together stock in two ways. First, Together 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 Together stock. Note that all transactions in Together 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.
Together 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 Together stock. Typically, shares of private companies like Together 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 Mar 2024, Together is reported to have closed an equity financing in which the investors valued the company at $1.21B. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Together 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 Together is not currently publicly traded, it does not have a ticker symbol.
Together has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Together 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 Together 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.