Looking to sell Zip stock or options?
Zip offers an intake and procurement orchestration platform designed to streamline employee purchase requests. This platform intelligently suggests preferred vendors, compares prices against benchmarks, and seamlessly integrates with accounting, contract management, and IT systems. By doing so, Zip enables clients to significantly reduce the time spent on coordinating approvals, cut costs, and ensure compliance by centralizing purchase approval processes in one place.
AirAngels, BOND Capital (San Francisco), Alkeon Capital Management, DST Global, SV Angel, Y Combinator, CRV, Tiger Global Management, Twenty Two Ventures, Night Capital, Adams Street Partners, Todd Goldberg, Todd and Rahul's Angel Fund.
Zip 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 Zip stock. Depending on Zip’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 Zip 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 Zip stock in two ways. First, Zip 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 Zip stock. Note that all transactions in Zip 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.
Zip 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 Zip stock. Typically, shares of private companies like Zip 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 Oct 2024, Zip is reported to have closed an equity financing in which the investors valued the company at $2.2B. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Zip 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 Zip is not currently publicly traded, it does not have a ticker symbol.
Zip has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Zip 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 Zip 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.