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<rss xmlns:atom="http://www.w3.org/2005/Atom" version="2.0" xmlns:media="http://search.yahoo.com/mrss/"><channel><title>Meditations - EquityZen's Blog On Startups and Their Economics</title><link>https://equityzen.com/blog/</link><description>Meditations - EquityZen's Blog On Startups and Their Economics</description><atom:link href="https://equityzen.com/blog/rss/feed/" rel="self"></atom:link><language>en-us</language><category>Equity Compensation</category><category>Private Company Shares</category><category>Employee Compensation</category><category>Startups</category><category>Investing</category><category>DreamIt Ventures</category><category>General Assembly</category><copyright>Copyright (c) 2019 EquityZen Inc. All rights reserved.</copyright><lastBuildDate>Fri, 08 Mar 2019 11:50:59 -0500</lastBuildDate><item><title>What To Expect When You're Expecting An IPO</title><link>https://equityzen.com/knowledge-center/blog/What-To-Expect-When-Youre-Expecting-An-IPO/</link><description>&lt;p&gt;The moment we&amp;rsquo;ve all been waiting for is finally here. No, we&amp;rsquo;re not talking about the&amp;nbsp;&lt;a href="https://www.youtube.com/watch?v=rlR4PJn8b8I"&gt;Game of Thrones trailer dropping&lt;/a&gt;. We&amp;rsquo;re talking about tech unicorn IPOs, with&amp;nbsp;&lt;a href="https://equityzen.com/knowledge-center/newsletter/weekly-update-293"&gt;Lyft&amp;rsquo;s recent S-1 filing&lt;/a&gt;&amp;nbsp;kicking it all off (check out our&amp;nbsp;&lt;a href="https://equityzen.com/knowledge-center/blog/debunking-s1/"&gt;blog post&lt;/a&gt;&amp;nbsp;on reviewing S-1s). With more companies slated to enter the public markets this year, it&amp;rsquo;ll be important to understand the IPO process, which we breakdown for you in this blog post.&lt;/p&gt;</description><author>risun.udawatta@equityzen.com (Risun Udawatta)</author><pubDate>Thu, 07 Mar 2019 16:04:00 -0500</pubDate><guid>https://equityzen.com/knowledge-center/blog/What-To-Expect-When-Youre-Expecting-An-IPO/</guid><category>Initial Public Offering</category><category>IPO</category><category>SEC</category><category>Unicorns</category><category>Lyft</category><category>Postmates</category><category>Uber</category><category>Securities Act of 1933</category><category>Sarbanes-Oxley Act of 2002</category><category>Road Show</category><category>S-1</category><category>NYSE</category><category>Nasdaq</category><media:thumbnail url="https://3.bp.blogspot.com/-mhs2VQTPRpw/XIF7w5_D2cI/AAAAAAAAAGY/9hu93HJjHbgP8ZQG22gUK5WxBHvjGsM_wCLcBGAs/s1600/Stages%2Bof%2Ban%2BIPO.jpg"></media:thumbnail></item><item><title>Debunking the S-1</title><link>https://equityzen.com/knowledge-center/blog/debunking-s1/</link><description>&lt;p&gt;2019 may prove to be a banner year for initial public offerings, as more unicorns take steps towards the public markets. Within the last few months, we&amp;rsquo;ve seen Lyft, Uber, Postmates and Slack confidentially file their IPO paperwork, along with Peloton, CloudFlare and CrowdStrike hiring investment bankers as first steps in their IPO processes. As the public waits for these startups to publicly file their respective S-1, below is a brief how-to guide to help you tackle these documents.&lt;/p&gt;</description><author>risun.udawatta@equityzen.com (Risun Udawatta)</author><pubDate>Thu, 28 Feb 2019 16:24:00 -0500</pubDate><guid>https://equityzen.com/knowledge-center/blog/debunking-s1/</guid><category>S-1</category><category>IPOs</category><category>How to Read S-1</category><category>Lyft</category><category>Postmates</category><category>Uber</category><category>Slack</category><category>Peloton</category><category>Cloudflare</category><category>CrowdStrike</category><category>Going Public</category><category>S-1 Filing</category><category>SEC</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/EZ_s_1_requirements-1ff56b0bad28aae5.jpg"></media:thumbnail></item><item><title>EquityZen's 2018 Tech IPO Recap</title><link>https://equityzen.com/knowledge-center/blog/tech-ipo-recap-2018/</link><description>&lt;p&gt;2018 will be remembered as the year during which markets reached&amp;nbsp;&lt;a href="https://www.marketwatch.com/story/dow-could-carve-out-record-as-italy-fears-fade-2018-10-03"&gt;all-time highs&lt;/a&gt;&amp;nbsp;(particularly tech stocks), and also as the worst year for stocks since the last financial crisis began in 2008. Last year we saw two American tech companies surpass $1 trillion in market cap&amp;mdash;Apple and Amazon&amp;mdash;only to proceed to lose over $300 billion in value each in a matter of months.&amp;nbsp;Despite a bit of a recovery at the end of the year, 2018 still finished with the Dow, S&amp;amp;P 500 and Nasdaq lower by&amp;nbsp;&lt;a href="https://www.cnn.com/2018/12/31/investing/dow-stock-market-today/index.html"&gt;5.6%&lt;/a&gt;,&amp;nbsp;&lt;a href="https://www.cnn.com/2018/12/31/investing/dow-stock-market-today/index.html"&gt;6.2%&lt;/a&gt;&amp;nbsp;and&amp;nbsp;&lt;a href="https://www.cnn.com/2018/12/31/investing/dow-stock-market-today/index.html"&gt;4%&lt;/a&gt;, respectively. Last year&amp;rsquo;s IPO market mimicked much of 2018&amp;rsquo;s volatility, with certain issuers weathering the storm and others bringing investors steep losses.&amp;nbsp;We break down last year&amp;rsquo;s tech IPOs below using information sourced from&amp;nbsp;&lt;a href="https://www.crunchbase.com/"&gt;Crunchbase&lt;/a&gt;.&lt;/p&gt;</description><author>adam.augusiak-boro@equityzen.com (Adam Augusiak-Boro)</author><pubDate>Thu, 17 Jan 2019 15:47:00 -0500</pubDate><guid>https://equityzen.com/knowledge-center/blog/tech-ipo-recap-2018/</guid><category>IPO</category><category>2018 IPO</category><category>2019 IPO</category><category>New IPOs</category><category>Tech IPO</category><category>Unicorn</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/EZ_top_IPOs_2018-64c45bb0f102ee28.png"></media:thumbnail></item><item><title>Introducing Our New Knowledge Center</title><link>https://equityzen.com/knowledge-center/blog/new-knowledge-center/</link><description>&lt;p&gt;We are incredibly proud to present to you the new Knowledge Center! From blog&amp;nbsp;posts,&amp;nbsp;to infographics, to regularly updated insights from our Research department, the new Knowledge Center is truly your all-in-one go-to resource for all things private markets, tech, and more. This post takes a&amp;nbsp;deeper dive into our new Knowledge Center and some of the exciting new features at your disposal.&lt;/p&gt;</description><author>asa.lieberman@equityzen.com (Asa Lieberman)</author><pubDate>Thu, 10 Jan 2019 16:11:00 -0500</pubDate><guid>https://equityzen.com/knowledge-center/blog/new-knowledge-center/</guid><category>Knowledge Center</category><category>IPO Research</category><category>Investor Education</category><category>Ask EZ</category><category>Blog</category><category>New Features</category><category>Product Updates</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/ez_kc_1-506a380ae5b5d166.gif"></media:thumbnail></item><item><title>Meditating on the Private Markets in 2018 — Blog Recap</title><link>https://equityzen.com/knowledge-center/blog/2018-blog-in-review/</link><description>&lt;p&gt;It's the end of the year and so, in the holiday spirit, we wanted to give our version&amp;nbsp;of recap content in the form of a blog-year-in-review. That is, a look back at some of our most popular pieces from the year. In a world of tech that has never been faster and a news cycle that has never been more sporadic (and exhausting), we hope you can kick back on the couch with a beverage of choice and enjoy some of our most popular blogs of 2018.&lt;/p&gt;</description><author>asa.lieberman@equityzen.com (Asa Lieberman)</author><pubDate>Thu, 27 Dec 2018 15:50:00 -0500</pubDate><guid>https://equityzen.com/knowledge-center/blog/2018-blog-in-review/</guid><category>2018</category><category>IPOs</category><category>Spotify</category><category>SoftBank</category><category>Private Valuations</category><category>Year In Review</category><category>2018 Recap</category><category>2018 Pre-IPO Recap</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/2018_send_off_EZ-2988b189c1a97d56.gif"></media:thumbnail></item><item><title>Using Private Shares for High Impact Charitable Giving and Year-End Tax Planning</title><link>https://equityzen.com/knowledge-center/blog/charitable-donations/</link><description>&lt;p&gt;Most private company shareholders investors are usually quite generous when it comes to donating and giving back to communities, causes,&amp;nbsp;and charities. But while it&amp;rsquo;s well known that these shareholders are very charitable, less understood is how they donate and what complexities they have to manage when making philanthropic contributions. To help answer those questions, we sat down with Karla Valas, Managing Director of Advanced Planning, from Fidelity Charitable to get a better understanding of how private company investors donate, what types of assets can be used for charitable giving, and how Fidelity Charitable can help them donate more.&lt;/p&gt;</description><author>brianne.lynch+admin@equityzen.com (Brianne Lynch)</author><pubDate>Thu, 29 Nov 2018 15:47:00 -0500</pubDate><guid>https://equityzen.com/knowledge-center/blog/charitable-donations/</guid><category>Charity</category><category>Charitable Donations</category><category>Tax Relief</category><category>Fidelity</category><category>Fidelity Charitable</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/EZ_Fidelity_Charitable-5374f19505fe899a.jpg"></media:thumbnail></item><item><title>Thank You from the EquityZen Team</title><link>https://equityzen.com/knowledge-center/blog/happy-thanksgiving-equityzen-2018/</link><description>&lt;p&gt;It&amp;rsquo;s that time of year again, when everyone in the United States gets around the table with loved ones to reflect on what we are thankful for.&amp;nbsp; This is now our fourth Thanksgiving blog post &amp;ndash; an annual EquityZen tradition that allows us to look back on the past year and reflect on some of the things that we, as a company, are grateful for.&lt;/p&gt;</description><author>ketan.bhalla@equityzen.com (Ketan Bhalla)</author><pubDate>Wed, 21 Nov 2018 14:24:00 -0500</pubDate><guid>https://equityzen.com/knowledge-center/blog/happy-thanksgiving-equityzen-2018/</guid><category>Thanksgiving</category><category>EquityZen</category><media:thumbnail url="https://3.bp.blogspot.com/-v2I0gSmUl1I/W_WwUOpKWpI/AAAAAAAAByo/ZHhfA3WXzlQbfSvCQNWMo6UD8qNgJYH_QCLcBGAs/s320/thanksgiving-lettering_4460x4460.jpg"></media:thumbnail></item><item><title>2019 IPO Outlook — A Bellwether Year for the New Tech Elite?</title><link>https://equityzen.com/knowledge-center/blog/2019-ipo-outlook/</link><description>&lt;p&gt;As the bull market charged into its ninth year in 2018, with the FAANG tech giants (Facebook, Apple, Amazon, Netflix and Alphabet&amp;rsquo;s Google) leading U.S. equities markets to record highs, many of us thought we would have seen stronger IPO activity. However, with under two months left of 2018 and despite favorable market conditions, this year&amp;rsquo;s U.S. IPO count is still nearly 100 IPOs lower than 2014&amp;rsquo;s total of&amp;nbsp;&lt;a href="https://www.renaissancecapital.com/IPO-Center/Stats/Pricings"&gt;275&lt;/a&gt;&amp;nbsp;priced IPOs. At EquityZen, we continue to believe that IPO volume will remain subdued compared to prior bull markets given the secular trends we see in the U.S. capital markets.&amp;nbsp;Our team at EquityZen took a closer look at the companies we believe are primed to go public in 2019. To read our full 2019 IPO Outlook, please click&amp;nbsp;&lt;a href="https://equityzen.com/ipo-outlook-2019/?utm_source=press&amp;amp;utm_medium=press-release&amp;amp;utm_campaign=zito-pr&amp;amp;utm_term=ipo-outlook-2019&amp;amp;utm_content=AAB"&gt;here&lt;/a&gt;.&amp;nbsp;&lt;/p&gt;</description><author>adam.augusiak-boro@equityzen.com (Adam Augusiak-Boro)</author><pubDate>Thu, 15 Nov 2018 09:40:00 -0500</pubDate><guid>https://equityzen.com/knowledge-center/blog/2019-ipo-outlook/</guid><category>IPOs</category><category>2019 IPO</category><category>Airbnb</category><category>Lyft</category><category>New IPOs</category><category>Slack</category><category>Uber</category><category>Tech IPO</category><category>Postmates</category><category>Unicorns</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/ez_ipo_outlook_2019-db0c49b4ccc120f6.png"></media:thumbnail></item><item><title>EquityZen Startup Valuation Guide</title><link>https://equityzen.com/knowledge-center/blog/ez-valuation-guide/</link><description>&lt;p&gt;Our new&amp;nbsp;&lt;a href="https://equityzen.com/knowledge-center/insights/" data-blogger-escaped-target="_blank"&gt;EquityZen Startup Valuation Guide&lt;/a&gt;&amp;nbsp;aims to tackle the key challenges in conducting valuation, with a special focus on startup companies. Our approach provides a straightforward, practical guide for analyzing companies across various stages of business maturity and industries.&amp;nbsp; In doing so, we hope to provide EquityZen clients with greater insight and clarity into both their investments and the value offered through our pre-IPO platform.&amp;nbsp;&lt;/p&gt;</description><author>catherine.klinchuch@equityzen.com (Catherine Klinchuch)</author><pubDate>Thu, 27 Sep 2018 18:43:00 -0400</pubDate><guid>https://equityzen.com/knowledge-center/blog/ez-valuation-guide/</guid><category>Valuation Guide</category><category>Company Valuations</category><category>Private Company Valuation</category><category>EquityZen Valuation Guide</category><category>How to Value a Company</category><category>Pre-IPO Valuations</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/EZ_value_guide-e712f76944d72da7.png"></media:thumbnail></item><item><title>SoftBank-Backed Guardant Health IPO: A Litmus Test for Cancer Gene Sequencing?</title><link>https://equityzen.com/knowledge-center/blog/softbank-backed-guardant-health-ipo/</link><description>&lt;p&gt;Guardant Health, which filed an&amp;nbsp;&lt;a href="https://www.sec.gov/Archives/edgar/data/1576280/000162828018011647/guardanthealths-1.htm" target="_blank"&gt;S-1&lt;/a&gt;&amp;nbsp;on September 5, 2018 in anticipation of going public, is a precision oncology company that aims to improve the diagnosis and treatment of cancer through its proprietary gene sequencing technology. Founded in 2012 in the San Francisco Bay Area, Guardant has received over&amp;nbsp;&lt;a href="https://www.cnbc.com/2017/05/11/guardant-raised-360-million-led-by-softbank-for-cancer-detection.html" target="_blank"&gt;$500 million&lt;/a&gt;&amp;nbsp;in private funding, most recently closing a&amp;nbsp;&lt;a href="https://www.cnbc.com/2017/05/11/guardant-raised-360-million-led-by-softbank-for-cancer-detection.html" target="_blank"&gt;$360 million&lt;/a&gt;&amp;nbsp;round in May 2017 led by SoftBank&amp;rsquo;s Vision Fund. The company plans to list on the&amp;nbsp;&lt;a href="https://www.nasdaq.com/article/blood-based-cancer-diagnostics-company-guardant-health-files-for-a-100-million-ipo-cm1018511" target="_blank"&gt;NASDAQ&lt;/a&gt;&amp;nbsp;under the ticker &amp;ldquo;GH.&amp;rdquo; Timing, pricing and size of the offering are still TBA.&amp;nbsp;&lt;/p&gt;</description><author>adam.augusiak-boro@equityzen.com (Adam Augusiak-Boro)</author><pubDate>Thu, 13 Sep 2018 15:52:00 -0400</pubDate><guid>https://equityzen.com/knowledge-center/blog/softbank-backed-guardant-health-ipo/</guid><category>Guardant Health</category><category>Guardant S-1</category><category>SoftBank</category><category>HealthTech</category><category>2018 IPOs</category><category>S-1 Review</category><category>Cancer Research</category><category>Adaptive Biotechnologies</category><category>Guardant IPO</category><category>SoftBank Vision Fund</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/Genome_EZ-4a2c70d7a046a2a0.gif"></media:thumbnail></item><item><title>SoftBank: Vision or Delusion?</title><link>https://equityzen.com/knowledge-center/blog/softbank-vision-or-delusion/</link><description>&lt;p&gt;On October 14, 2016, SoftBank shocked the world with the announcement of its&amp;nbsp;&lt;a href="https://www.softbank.jp/en/corp/news/press/sb/2016/20161014_01/"&gt;$100 billion&lt;/a&gt;&amp;nbsp;Vision Fund, which would focus on investing in late-stage technology companies. Within 7 months of the announcement, SoftBank had already cemented&amp;nbsp;&lt;a href="https://techcrunch.com/2017/05/20/softbank-vision-fund-first-close/"&gt;$93 billion&lt;/a&gt;&amp;nbsp;in commitments and has since closed on the entire $100 billion amount.&amp;nbsp; Now, as SoftBank begins to deploy capital from the fund, we believe it faces a colossal undertaking in delivering competitive returns to its investors, which include tech titans like Apple and Qualcomm, as well as the Saudi and Abu Dhabi sovereign wealth funds.&amp;nbsp;Our team spent some time digging into the economic reality facing SoftBank in its quest to deliver competitive returns to its investors. Our goal was to approach the question from a data-driven perspective, looking at real dollar values that the Vision Fund would have to hit to meet its hurdle rate of return. Below, we&amp;rsquo;ve included some key highlights from our research team&amp;rsquo;s&amp;nbsp;&lt;a href="https://equityzen.com/softbank-report-download/?utm_campaign=EZpressrelease&amp;amp;utm_medium=article&amp;amp;utm_source=prnewswire"&gt;full report&lt;/a&gt;&amp;nbsp;on the Vision Fund.&lt;/p&gt;</description><author>adam.augusiak-boro@equityzen.com (Adam Augusiak-Boro)</author><pubDate>Thu, 23 Aug 2018 15:02:00 -0400</pubDate><guid>https://equityzen.com/knowledge-center/blog/softbank-vision-or-delusion/</guid><category>SoftBank</category><category>Vision Fund</category><category>WeWork</category><category>Uber</category><category>megafund</category><category>venture capital funds</category><category>$100 billion dollar fund</category><category>venture capital</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/EZ_money_dog.gif"></media:thumbnail></item><item><title>Private Market Insights: What's the Typical Profile of a Private Market Investor?</title><link>https://equityzen.com/knowledge-center/blog/investor-profile-2018/</link><description>&lt;p&gt;At EquityZen, our mission is simple: help private shareholders get liquidity and provide a platform for suitable investors to access pre-IPO investment opportunities. This endeavor started in 2013, and we have stayed true to that cause every day since, ever-iterating on our platform and our offerings to bring our users the best experience possible on all ends of the marketplace. As we have grown, both on the platform (we recently crossed 5,000+ transactions!) and in headcount (we recently just moved to a bigger office to better suit our rapidly growing team!), it is not lost on us that we have collected rather unique data: pricing and valuation information for private companies, and patterns among their shareholders and investors alike. We use this data internally to draw powerful insights, gleaning understandings that allow us to continue to bring you the best product we can. On April 1st, 2018, EquityZen opened up a new channel of data collection, this time from you: the user. We rolled out a new survey entitled the &amp;ldquo;Investor Profile Questionnaire,&amp;rdquo; a quick, little set of five questions targeted to investors to give us their thoughts on the pre-IPO space.&amp;nbsp;&lt;/p&gt;</description><author>asa.lieberman@equityzen.com (Asa Lieberman)</author><pubDate>Thu, 16 Aug 2018 16:01:00 -0400</pubDate><guid>https://equityzen.com/knowledge-center/blog/investor-profile-2018/</guid><category>investor survey</category><category>pre-IPO investing</category><category>real estate</category><category>angel investing</category><category>private investments</category><category>cryptocurrencies</category><category>equityzen</category><category>product</category><category>investor questionnaire</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/EZ_questionnaire_photo.png"></media:thumbnail></item><item><title>Can Sonos Fend Off the Competition?</title><link>https://equityzen.com/knowledge-center/blog/sonos-ipo-filling/</link><description>&lt;p&gt;Sonos filed an S-1 on July 6, 2018, signaling the end of its 16-year run as a private company. After launching its first wireless multi-room home sound system in 2005, the company&amp;rsquo;s products have entered into nearly 7 million households globally. The company plans to list on the NASDAQ under the ticker &amp;ldquo;SONO&amp;rdquo;. Timing, pricing,&amp;nbsp;and size of the offering are still TBA.&lt;/p&gt;</description><author>adam.augusiak-boro@equityzen.com (Adam Augusiak-Boro)</author><pubDate>Thu, 12 Jul 2018 16:25:00 -0400</pubDate><guid>https://equityzen.com/knowledge-center/blog/sonos-ipo-filling/</guid><category>Sonos</category><category>IPO</category><category>sonos ipo</category><category>sonos s-1</category><category>sonos filing</category><category>sonos share price</category><category>sonos valuation</category><category>sonos exit</category><category>sonos speakers public</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/Sonos_EZ.png"></media:thumbnail></item><item><title>Running with the Bulls: Private Market Sentiment Update</title><link>https://equityzen.com/knowledge-center/blog/private-market-sentiment/</link><description>&lt;p&gt;In a constantly-evolving tech landscape that can&amp;nbsp;move at an exhaustingly tireless pace, the year 2018 has already brought us&amp;nbsp;&lt;a href="https://www.bloomberg.com/news/articles/2018-03-15/robinhood-is-said-to-raise-funds-valuing-startup-at-5-6-billion" data-blogger-escaped-target="_blank"&gt;ever-growing funding rounds&lt;/a&gt;, new financial regulatory rulings delineating&amp;nbsp;&lt;a href="https://www.cnbc.com/2018/06/14/bitcoin-and-ethereum-are-not-securities-but-some-cryptocurrencies-may-be-sec-official-says.html" data-blogger-escaped-target="_blank"&gt;what is and what is not a security&lt;/a&gt;, and bubbles inflating around&amp;nbsp;&lt;em&gt;*checks notes*&lt;/em&gt;&amp;nbsp;&lt;a href="https://techcrunch.com/2018/06/09/silicon-valley-scooter-wars/" data-blogger-escaped-target="_blank"&gt;scooters&lt;/a&gt;. We've also digested headlines of trade wars and geopolitical turmoil with varying effects on the public market. But how does all of this factor into the psyche of the private market investor?&lt;/p&gt;</description><author>asa.lieberman@equityzen.com (Asa Lieberman)</author><pubDate>Thu, 21 Jun 2018 16:07:00 -0400</pubDate><guid>https://equityzen.com/knowledge-center/blog/private-market-sentiment/</guid><category>private market sentiment</category><category>ipos</category><category>cryptos</category><category>bitcoin</category><category>spotify ipo</category><category>docusign ipo</category><category>robinhood</category><category>softbank</category><category>pre-ipo investments</category><category>tech investing</category><category>bull run</category><category>bullish</category><category>2018 ipos</category><category>ethereum</category><category>ripple</category><category>cryptocurrencies</category><category>private markets</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/EZMSI_062018.png"></media:thumbnail></item><item><title>Running for the Exits: The Great Unicorn Stampede of 2018</title><link>https://equityzen.com/knowledge-center/blog/2018-ipos-and-exits/</link><description>&lt;p&gt;We're not yet halfway through 2018 and the year is already being hailed as the return of the IPO. To that end, there were already&amp;nbsp;&lt;a href="https://www.recode.net/2018/4/27/17292190/tech-ipo-market-docusign-smartsheet" data-blogger-escaped-target="_blank"&gt;twice as many IPOs through April 2018 as there were all of 2017&lt;/a&gt;. Some have even gone as far as to say&amp;nbsp;&lt;a href="https://techcrunch.com/2018/03/23/ipos-are-back-but-for-how-long/" data-blogger-escaped-target="_blank"&gt;the IPO is "back"&lt;/a&gt;&amp;nbsp;(where it went is a topic for another day). Among those firms that experienced exit events were household unicorns such as Spotify, Dropbox, and DocuSign. Those familiar with EquityZen's mission know we are proud to say that over the course of the past five years we have conducted 4000+ transactions in over 100+ companies. Now, with some of those transacted firms exiting, we wanted to discuss what these events mean for EquityZen, our investors, and our overall thesis of allocating investment funds for the private markets.&lt;/p&gt;</description><author>nat.disston@equityzen.com (Nat Disston)</author><pubDate>Thu, 14 Jun 2018 16:25:00 -0400</pubDate><guid>https://equityzen.com/knowledge-center/blog/2018-ipos-and-exits/</guid><category>IPO</category><category>2018 ipos</category><category>venture ipos</category><category>private markets</category><category>spotify ipo</category><category>docusign ipo</category><category>redfin ipo</category><category>zscaler ipo</category><category>forescout ipo</category><category>forescout technologies ipo</category><category>glassdoor exit</category><category>tintri ipo</category><category>zuora ipo</category><category>practice fusion exit</category><category>mongodb ipo</category><category>jawbone bankruptcy</category><category>dropbox ipo</category><category>equityzen ipos</category><category>ipo investing</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/EZ_Exits.png"></media:thumbnail></item><item><title>Why Pre-IPO Liquidity is Important for Employees</title><link>https://equityzen.com/knowledge-center/blog/pre-ipo-liquidity/</link><description>&lt;p&gt;When Snap Inc. (SNAP) went public in March 2017, the company was valued at over $23B, or $17 per share. While early shareholders watched the stock price quickly rise to a high of $29, they were unable to realize these gains until the IPO Lockup Period expired last week. For most, those gains quickly eroded due to poor earnings and increased competition, which caused SNAP to slide below $14 over the course of the 180-day lockup. We take a look at employee ownership and how pre-IPO secondaries can alleviate issues that come with banner exit events.&lt;/p&gt;</description><author>asa.lieberman@equityzen.com (Asa Lieberman)</author><pubDate>Thu, 17 May 2018 16:06:00 -0400</pubDate><guid>https://equityzen.com/knowledge-center/blog/pre-ipo-liquidity/</guid><category>Snap</category><category>snapchat</category><category>pre-ipo secondaries</category><category>IPO</category><category>Snap IPO</category><category>employee incentive plan</category><category>ISOs</category><category>RSUs</category><category>shareholders</category><category>selling stock</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/EZ_Snap_IPO.png"></media:thumbnail></item><item><title>EquityZen's 2018 IPO Outlook — Q2 Update</title><link>https://equityzen.com/knowledge-center/blog/2018-ipo-outlook-update/</link><description>&lt;p&gt;At the beginning of this year, 2018, our Research team put together a 2018 IPO Outlook report that outlined the private companies most likely to go public throughout the course of the year. With a third of the year in the books, 2018 has already been crowned the champion of the IPO, singlehandedly bringing the IPO market "back." Here, our Research team provides an update.&lt;/p&gt;</description><author>catherine.klinchuch@equityzen.com (Catherine Klinchuch)</author><pubDate>Thu, 10 May 2018 16:16:00 -0400</pubDate><guid>https://equityzen.com/knowledge-center/blog/2018-ipo-outlook-update/</guid><category>ipo</category><category>2018 ipos</category><category>venture ipos</category><category>private markets</category><category>lyft</category><category>cloudflare</category><category>greensky</category><category>apttus</category><category>afiniti</category><category>anaplan</category><category>appdirect</category><category>bloom energy</category><category>crowdstrike</category><category>cylance</category><category>domo</category><category>illumio</category><category>kabbage</category><category>medallia</category><category>peloton</category><category>rubicon global</category><category>rubrik</category><category>sprinklr</category><category>tanium</category><category>wheelsup</category><category>public exit</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/2018%20ipo.jpg"></media:thumbnail></item><item><title>Stock Splits — Explained</title><link>https://equityzen.com/knowledge-center/blog/stock-splits/</link><description>&lt;p&gt;We have received many questions from investors over the past several years on stock splits and how these events impact their investments. In particular, companies often do share splits in conjunction with an IPO and the discrepancy with the post-split IPO price and the pre-split investment price can create confusion. Today, we will shed a little light on this topic and explain what stock splits are, why they are used and&amp;mdash;the most critical part from an investment standpoint&amp;mdash;why they don&amp;rsquo;t impact returns.&lt;/p&gt;</description><author>catherine.klinchuch@equityzen.com (Catherine Klinchuch)</author><pubDate>Thu, 19 Apr 2018 15:48:00 -0400</pubDate><guid>https://equityzen.com/knowledge-center/blog/stock-splits/</guid><category>stock splits</category><category>IPO</category><category>share splits</category><category>finance</category><category>valuation</category><category>stocks</category><category>corporate finance</category><category>corporate valuation</category><category>large stocks</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/EZ_JB_Split.gif"></media:thumbnail></item><item><title>Tax Reform: What it Means for Your Startup Equity (Part II)</title><link>https://equityzen.com/knowledge-center/blog/tax-reform-2/</link><description>&lt;p&gt;It's tax season, friends! That's right, time to break out the W2's, 1099s, K-1s, and the rest of the alphabet soup that only your local accountant can decipher. Though EquityZen is proud to help shareholders get liquidity and investors into private companies, these events may have unique implications on your taxes. Are you are a startup employee who receives stock options, whether ISOs or NSOs or RSUs? If so, you may have a new option to defer any federal taxes under the new tax law. Specifically, the Tax Cuts and Jobs Acts created a new potential option&amp;mdash;a Section 83(i) election&amp;mdash;that can potentially result in tax savings. This is part&amp;nbsp;two of a two-part series on the subject. Read&amp;nbsp;&lt;a href="https://equityzen.com/blog/tax-reform-1/"&gt;part one here&lt;/a&gt;.&lt;/p&gt;</description><author>christopher.giampapa@equityzen.com (Chris Giampapa)</author><pubDate>Thu, 05 Apr 2018 15:19:00 -0400</pubDate><guid>https://equityzen.com/knowledge-center/blog/tax-reform-2/</guid><category>tax bill</category><category>new tax law</category><category>tax reform</category><category>tax season</category><category>stock equity</category><category>equity compensation</category><category>startup equity</category><category>K-1s</category><category>W2</category><category>tax forms</category><category>83(i) election</category><category>83(b) election</category><category>AMT</category><category>alternative minimum tax</category><category>accounting</category><category>jobs act</category><category>tax cuts</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/EZ_Jerry_Maguire.gif"></media:thumbnail></item><item><title>Tax Reform: What it Means for Your Startup Equity (Part I)</title><link>https://equityzen.com/knowledge-center/blog/tax-reform-1/</link><description>&lt;p&gt;It's tax season, friends! That's right, time to break out the W2's, 1099s, K-1s, and the rest of the alphabet soup that only your local accountant can decipher. Though EquityZen is proud to help shareholders get liquidity and investors into private companies, these events may have unique implications on your taxes. Are you are a startup employee who receives stock options, whether ISOs or NSOs or RSUs? If so, you may have a new option to defer any federal taxes under the new tax law. Specifically, the Tax Cuts and Jobs Acts created a new potential option&amp;mdash;a Section 83(i) election&amp;mdash;that can potentially result in tax savings. This is part one of a two-part series on the subject.&lt;/p&gt;</description><author>christopher.giampapa@equityzen.com (Chris Giampapa)</author><pubDate>Thu, 29 Mar 2018 10:57:00 -0400</pubDate><guid>https://equityzen.com/knowledge-center/blog/tax-reform-1/</guid><category>tax bill</category><category>new tax law</category><category>tax reform</category><category>tax season</category><category>startup equity</category><category>K-1s</category><category>W2</category><category>tax forms</category><category>83(i) election</category><category>accounting</category><category>jobs act</category><category>tax cuts</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/EZ_Tax_Dog.gif"></media:thumbnail></item><item><title>Spotify: Blurring the Private and Public Market Lines</title><link>https://equityzen.com/knowledge-center/blog/spotify-ipo-disrupts-wall-street/</link><description>&lt;p&gt;With 160 IPOs in 2017, it is rare for a company's initial public offering to get as much coverage as Spotify's already has this past year. In many ways, however, Spotify deserves the attention. For starters, Spotify is a widely used consumer product that continues to exhibit impressive growth against deep-pocketed and experienced competitors (*cough* Apple *cough*). Many Spotify fans and cynics alike will be eyeing their listing and continued results as a public company. Secondly, Spotify's decision not to raise any capital and forgo a traditional Initial Public Offering in lieu of an Initial Public Listing has already made them stand out in the tech world. While Spotify's trailblazing attitude allows them to eschew Wall Street banks and save unnecessary dilution from a traditional IPO, it comes with its own bevy of risks, such as price discovery and liquidity once the shares are publicly traded.&lt;/p&gt;</description><author>nat.disston@equityzen.com (Nat Disston)</author><pubDate>Thu, 22 Mar 2018 15:08:00 -0400</pubDate><guid>https://equityzen.com/knowledge-center/blog/spotify-ipo-disrupts-wall-street/</guid><category>Spotify</category><category>spotify IPO</category><category>ipo</category><category>direct listing</category><category>wall street</category><category>music industry</category><category>disrupting wall street</category><category>private markets</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/EZ_Spotify_IPO.jpg"></media:thumbnail></item><item><title>SEC Charges Theranos With Fraud: Initial Thoughts</title><link>https://equityzen.com/knowledge-center/blog/theranos-fraud/</link><description>&lt;p&gt;The SEC announced today that it has charged Theranos, Elizabeth Holmes (founder and CEO), and Sunny Balwani (former President) with what it is calling a "massive" fraud. This story is still developing, but it is an important one. We've been watching this story since it was announced that the SEC was investigating Theranos. We share some preliminary thoughts on this monumental decision.&lt;/p&gt;</description><author>shriram@equityzen.com (Shriram Bhashyam)</author><pubDate>Wed, 14 Mar 2018 22:20:00 -0400</pubDate><guid>https://equityzen.com/knowledge-center/blog/theranos-fraud/</guid><category>Theranos</category><category>Elizabeth Holmes</category><category>fraud</category><category>SEC</category><category>theranos ruling</category><category>blood company</category><category>$700M fraud</category><category>investor fraud</category><category>startup fraud</category><category>theranos fraud</category><category>theranos founder fraud</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/EZ_Theranos_Founder.jpg"></media:thumbnail></item><item><title>From College to FinTech — Landing Your Dream FinTech Job</title><link>https://equityzen.com/knowledge-center/blog/landing-your-dream-fintech-job/</link><description>&lt;p&gt;Interested in a career in FinTech? Looking to be on the front line of emerging technologies right in the heart of New York City? Think you know other folks who may fit this description as well? Check out our open positions on our &lt;a href="https://equityzen.com/careers/"&gt;EquityZen Careers&lt;/a&gt; page now!&lt;/p&gt;</description><author>asa.lieberman@equityzen.com (Asa Lieberman)</author><pubDate>Thu, 08 Mar 2018 16:03:00 -0500</pubDate><guid>https://equityzen.com/knowledge-center/blog/landing-your-dream-fintech-job/</guid><category>college</category><category>fintech</category><category>recruiting</category><category>tech</category><category>future</category><category>college students</category><category>next step</category><category>interviewing</category><category>life planning</category><category>career</category><media:thumbnail url="https://4.bp.blogspot.com/-duAPTG-lRpQ/Wo3LDsPp0NI/AAAAAAAAAfw/Tc2Lsgob3IwOng5TdDYs_crkLb-Kej5eQCLcBGAs/s400/giphy%2B%25281%2529.gif"></media:thumbnail></item><item><title>The Dangers of the P/S Multiple</title><link>https://equityzen.com/knowledge-center/blog/startup-multiples/</link><description>&lt;p&gt;When we talk about startup valuations, we typically speak in term of P/S (price-to-sales) multiples. Why? For starters, many of them have not yet reached profitability, so valuing them off of earnings is impossible. Second, we often have very limited financial information for private companies, which makes more intricate valuation methodologies difficult. Finally, multiples turn a complex topic like corporate valuation into a seemingly simple equation.&lt;/p&gt;</description><author>catherine.klinchuch@equityzen.com (Catherine Klinchuch)</author><pubDate>Thu, 15 Feb 2018 16:00:00 -0500</pubDate><guid>https://equityzen.com/knowledge-center/blog/startup-multiples/</guid><category>financial multiples</category><category>price-to-sales</category><category>startup finance</category><category>dcfs</category><category>finance 101</category><category>financial analysis</category><category>technical analysis</category><category>comparable analysis</category><category>financial comps</category><category>venture capital multiples</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/EZ_staples.gif"></media:thumbnail></item><item><title>Year in Review — A Letter from the CEO</title><link>https://equityzen.com/knowledge-center/blog/2017-year-in-review/</link><description>&lt;p&gt;2018 is off to a strong start for us and our clients, joining together in helping EquityZen bring private markets to the public.&amp;nbsp;As 2017 turns into a memory, I want to take this moment to share moments of excitement and learning for the EquityZen team.&lt;/p&gt;</description><author>atish@equityzen.com (Atish Davda)</author><pubDate>Thu, 01 Feb 2018 15:46:00 -0500</pubDate><guid>https://equityzen.com/knowledge-center/blog/2017-year-in-review/</guid><category>year in review</category><category>2017 recap</category><category>EquityZen</category><category>Atish Davda</category><category>CEO</category><category>growth</category><category>Draper Associates</category><category>revenue goals</category><category>acquisition growth</category><category>fintech</category><category>startups</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/EZ%20Team.jpg"></media:thumbnail></item><item><title>SoftBank: A Blessing or a Curse for Investors?</title><link>https://equityzen.com/knowledge-center/blog/softbank-vision-fund/</link><description>&lt;p&gt;Japanese telecoms giant SoftBank has undoubtedly made a huge impact on the global technology landscape with multiple $1B+ investments in industry leading private tech firms over the last few years. SoftBank continues to make bold, and public, bets on the future of technology, but whether this large influx of capital is positive for private companies and their investors in the long-run remains to be seen. In this note we discuss some of the possible effects SoftBank is having on technology markets from an investor perspective.&lt;/p&gt;</description><author>chukwuma.okpalugo@equityzen.com (Chuk Okpalugo)</author><pubDate>Thu, 25 Jan 2018 15:30:00 -0500</pubDate><guid>https://equityzen.com/knowledge-center/blog/softbank-vision-fund/</guid><category>softbank</category><category>vision fund</category><category>uber</category><category>wag</category><category>sofi</category><category>flipkart</category><category>valuations</category><category>venture capital</category><category>venture fund</category><category>WeWork</category><category>Slack</category><category>IPO</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/softbank%20vf.jpg"></media:thumbnail></item><item><title>The Trend Is Your Friend: 8 Lucky Consumer Investing Trends in 2018</title><link>https://equityzen.com/knowledge-center/blog/2018-consumer-investing-trends/</link><description>&lt;p&gt;Counting on ancient wisdom in lucky numbers, we curate eight consumer trends private investors might find refreshing and profitable. In researching this list, sectors we thought would boom were cooling off and those we weren&amp;rsquo;t watching closely, surprised, and delighted us. Here&amp;rsquo;s what I'm keeping my eye out for in 2018:&lt;/p&gt;</description><dc:creator xmlns:dc="http://purl.org/dc/elements/1.1/">Kartik Ram</dc:creator><pubDate>Thu, 04 Jan 2018 15:30:00 -0500</pubDate><guid>https://equityzen.com/knowledge-center/blog/2018-consumer-investing-trends/</guid><category>2018</category><category>consumer trends</category><category>Eaze</category><category>glamping</category><category>e-bikes</category><category>podcasts</category><category>conscious brands</category><category>cannabis tech</category><category>Honest Company</category><category>electric vehicles</category><category>Amazon</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/2018%20consumer%20trends.png"></media:thumbnail></item><item><title>From College to FinTech — Why I Chose to Forgo a Large Finance Firm to Enter Tech</title><link>https://equityzen.com/knowledge-center/blog/college-to-fintech/</link><description>&lt;p&gt;We take a break today from investor research and tax bills to reach out to the real MVPs of December: the college students who pushed and persevered through finals only to come out on the other side and fall headfirst into resume dumps and interviews. We've been there. This is for you.&lt;/p&gt;</description><author>asa.lieberman@equityzen.com (Asa Lieberman)</author><pubDate>Thu, 28 Dec 2017 16:00:00 -0500</pubDate><guid>https://equityzen.com/knowledge-center/blog/college-to-fintech/</guid><category>college</category><category>fintech</category><category>recruiting</category><category>tech</category><category>future</category><category>college students</category><category>next step</category><category>interviewing</category><category>life planning</category><category>career</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/fintech.jpg"></media:thumbnail></item><item><title>Retail 2.0: Digital Native Brands Take on Tradition</title><link>https://equityzen.com/knowledge-center/blog/digital-native-brands-retail/</link><description>&lt;p&gt;Consumers have more choices in affordable luxury than the standard fare that malls and boutiques serve up. Today, the world&amp;rsquo;s leading retailers are all online. The long-tail playbook has won. But the fastest-growing digital brands aren&amp;rsquo;t following it. Most such companies focus on selling only a handful of different products, and many started out with just one.&amp;nbsp;&lt;a href="https://equityzen.com/company/casper/" data-blogger-escaped-target="_blank"&gt;Casper&lt;/a&gt;&amp;nbsp;began by selling the single, killer product, namely, the &amp;ldquo;perfect bed.&amp;rdquo;&amp;nbsp;&lt;a href="https://equityzen.com/company/bonobos/" data-blogger-escaped-target="_blank"&gt;Bonobos&lt;/a&gt;&amp;nbsp;started with a single pair of men&amp;rsquo;s pants. Allbirds made its mark with a distinct wool pair of minimalist shoes. This new generation of disruptive brands is not only a consumer phenomenon but also threatening to shake up retail.&lt;/p&gt;</description><dc:creator xmlns:dc="http://purl.org/dc/elements/1.1/">Kartik Ram</dc:creator><pubDate>Thu, 21 Dec 2017 10:32:00 -0500</pubDate><guid>https://equityzen.com/knowledge-center/blog/digital-native-brands-retail/</guid><category>retail</category><category>digital native brands</category><category>warby parker</category><category>casper</category><category>allbirds</category><category>bonobos</category><category>ecommerce</category><category>amazon</category><category>luxury brands</category><category>clothes retail</category><media:thumbnail url="https://d1pcl23hvn33vi.cloudfront.net/media/tinymce_uploads/ecommerce2.jpg"></media:thumbnail></item><item><title>EquityZen's 2018 IPO Outlook</title><link>https://equityzen.com/knowledge-center/blog/ipo-outlook-2018/</link><description>&lt;p&gt;The past year capped yet another relatively subdued year for tech IPOs, with activity still well below 2013/2014 levels despite favorable market conditions. In our view, the underlying reasons for the ongoing public offering torpor remain consistent with prior years: an abundance of capital (and high valuations) in private markets, the high costs of becoming&amp;mdash;and remaining&amp;mdash;a public company, analyst scrutiny, and an increase in liquidity alternatives. We believe these factors may continue to weigh on IPO volume in the year ahead.&lt;/p&gt;</description><author>catherine.klinchuch@equityzen.com (Catherine Klinchuch)</author><pubDate>Thu, 07 Dec 2017 15:56:00 -0500</pubDate><guid>https://equityzen.com/knowledge-center/blog/ipo-outlook-2018/</guid><category>ipos</category><category>2018 ipo</category><category>airbnb</category><category>docusign</category><category>lyft</category><category>new ipos</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/2018%20ipo.jpg"></media:thumbnail></item><item><title>Thank You From EquityZen</title><link>https://equityzen.com/knowledge-center/blog/happy-thanksgiving-equityzen-2017/</link><description>&lt;p&gt;As we celebrate the Thanksgiving holiday in the United States, we wanted to continue our annual EquityZen tradition and reflect on a few things that we are thankful for this year. Thanksgiving snuck up on a lot of us this year and it's hard to believe that 2017 is quickly coming to a close.&lt;/p&gt;</description><author>ketan.bhalla@equityzen.com (Ketan Bhalla)</author><pubDate>Thu, 23 Nov 2017 01:00:00 -0500</pubDate><guid>https://equityzen.com/knowledge-center/blog/happy-thanksgiving-equityzen-2017/</guid><category>Thanksgiving</category><category>EquityZen</category><media:thumbnail url="https://2.bp.blogspot.com/-UjURf1q8v6I/WhWkPtgX2BI/AAAAAAAABL4/-RGT92wOFGQUO2fzhN2X2Sed0i1umeu_QCLcBGAs/s1600/tgiving.jpeg"></media:thumbnail></item><item><title>Silicon Valley Unites to Preserve Equity Compensation</title><link>https://equityzen.com/knowledge-center/blog/silicon-valley-unites/</link><description>&lt;p&gt;It was fast and furious, but in the end the US Senate ultimately came around. The Senate's version of the tax bill to implement sweeping changes and cuts to the tax code included a provision that would have taxed stock options and&amp;nbsp;RSUs&amp;nbsp;upon vesting. This would have been disastrous for the startup community, which relies heavily on equity awards to compensate employees. The startup community quickly rallied to inundate local Senators with opposition to this provision, and late Tuesday night, November 14, 2017, the Senate relented and struck that provision. We break down why this matters and how it was resolved.&lt;/p&gt;</description><author>shriram@equityzen.com (Shriram Bhashyam)</author><pubDate>Thu, 16 Nov 2017 10:16:00 -0500</pubDate><guid>https://equityzen.com/knowledge-center/blog/silicon-valley-unites/</guid><category>silicon valley</category><category>tax plan</category><category>equity compensation</category><category>senate</category><category>gop tax bill</category><category>startup compensation</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/unclesam.jpeg"></media:thumbnail></item><item><title>Artificial Intelligence Startups: The Key to Real Returns in the Modern Economy?</title><link>https://equityzen.com/knowledge-center/blog/ai-sector-report/</link><description>&lt;p&gt;Given AI&amp;rsquo;s broad applicability, the potential impact of the technology is staggering, with two prominent consultancy firms pegging the eventual economic contribution at ~$14-16T. In this report, we will examine the artificial intelligence industry as a whole, as well as the major players and trends.&amp;nbsp;For a detailed analysis of the industry and the major players in this sector, please download the report here:&amp;nbsp;&lt;a href="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/EquityZen_AI_Sector_Report.pdf" target="_blank"&gt;EquityZen Artificial Intelligence Sector Report&lt;/a&gt;&lt;/p&gt;</description><author>catherine.klinchuch@equityzen.com (Catherine Klinchuch)</author><pubDate>Thu, 09 Nov 2017 15:35:00 -0500</pubDate><guid>https://equityzen.com/knowledge-center/blog/ai-sector-report/</guid><category>Artificial Intelligence</category><category>AI</category><category>Machine Learning</category><category>Neural Networks</category><category>AI startups</category><category>vicarious</category><category>sentient technologies</category><category>Ayasdi</category><category>Core AI</category><category>Open Source</category><category>Data</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/AI_Sector.png"></media:thumbnail></item><item><title>The EquityZen Seller Video Series — Part I</title><link>https://equityzen.com/knowledge-center/blog/shareholder-video-part-one/</link><description>&lt;p&gt;Shareholder behold!&amp;nbsp;This week we're proud to bring you a short video wherein we show you how EquityZen smoothens the once-convoluted process of getting liquidity for your private shares. We understand how daunting the process of selling your equity may seem, but we're here to demystify that concept and help you navigate these tricky waters.&lt;/p&gt;</description><author>richard.stratford@equityzen.com (Richard Stratford)</author><pubDate>Thu, 19 Oct 2017 15:25:00 -0400</pubDate><guid>https://equityzen.com/knowledge-center/blog/shareholder-video-part-one/</guid><category>shareholder</category><category>sell your equity</category><category>equity compensation</category><category>liquidity</category><category>seller process</category><media:thumbnail url=""></media:thumbnail></item><item><title>Some Thoughts on Open Source Software in the Public Markets</title><link>https://equityzen.com/knowledge-center/blog/opensourcesoftware/</link><description>&lt;p&gt;Public market investors like to see [fill in the blank]. We could put many adjectives here. Very few seem to correspond with the adjectives often used to describe open source software (OSS) companies. With several of these vendors gearing up for IPO, including MongoDB (filed S-1) and MapR (&lt;a href="https://www.forbes.com/sites/alexkonrad/2017/09/05/big-data-startup-mapr-raises-56m-moves-closer-to-ipo/#32e3fd467a6a"&gt;reported&lt;/a&gt;), we often get asked how OSS models fare in public markets. The challenge in answering this question is that it's somewhat unclear.&amp;nbsp;&lt;/p&gt;</description><author>catherine.klinchuch@equityzen.com (Catherine Klinchuch)</author><pubDate>Thu, 12 Oct 2017 16:20:00 -0400</pubDate><guid>https://equityzen.com/knowledge-center/blog/opensourcesoftware/</guid><category>open source</category><category>software</category><category>mongodb</category><category>redhat</category><category>networks</category><category>open source code</category><category>public markets</category><category>sector report</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/open%20source%20graphic.jpg"></media:thumbnail></item><item><title>Some Thoughts Regarding ForeScout's S-1</title><link>https://equityzen.com/knowledge-center/blog/forescout-s1/</link><description>&lt;p&gt;ForeScout filed an S-1 earlier this week, marking its first step towards completing an IPO. ForeScout expects to list on the NASDAQ under the ticker &amp;ldquo;FSCT&amp;rdquo;. The S-1 was (long) expected as the company had reportedly filed confidentially early this year.&lt;/p&gt;</description><author>catherine.klinchuch@equityzen.com (Catherine Klinchuch)</author><pubDate>Thu, 05 Oct 2017 16:05:00 -0400</pubDate><guid>https://equityzen.com/knowledge-center/blog/forescout-s1/</guid><category>forescout</category><category>forescouttechnologies</category><category>software</category><category>saas</category><category>ipo</category><category>s-1 filing</category><media:thumbnail url="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/magnifying%20glass.jpeg"></media:thumbnail></item><item><title>Cybersecurity Startups: Hacking into a Growing Market Opportunity</title><link>https://equityzen.com/knowledge-center/blog/equityzen-cybersecurity-sector-report/</link><description>&lt;p&gt;As the world grows increasingly digitized, from cryptocurrencies to the interconnectivity of social media platforms, it has never been more important to protect your data. In the wake of the catastrophic Equifax data breach, cybersecurity has become of the utmost concern for every day citizens. The cybersecurity market has grown to $120B, underpinned by an increase in the frequency and severity of cybercrime over recent years. As cyber threats have increased, though, legacy technology has become increasingly less effective at mitigating them.&amp;nbsp;For a detailed analysis of the industry and the major players in this sector, please download the report here: &lt;a href="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/EZ_Cybersecurity_Report.pdf"&gt;EquityZen Cybersecurity Sector Report&lt;/a&gt;.&lt;/p&gt;</description><author>catherine.klinchuch@equityzen.com (Catherine Klinchuch)</author><pubDate>Thu, 14 Sep 2017 15:51:00 -0400</pubDate><guid>https://equityzen.com/knowledge-center/blog/equityzen-cybersecurity-sector-report/</guid><category>Cybersecurity</category><category>Hacking</category><category>Black Hat</category><category>Forescout Technologies</category><category>Zscaler</category><category>Cylance</category><category>Data Breach</category><category>Equifax</category><category>Software</category><category>AI</category><category>Quantum Encryption</category><media:thumbnail url="https://1.bp.blogspot.com/-Ud5OuAQmnd4/WbrLXJaXn2I/AAAAAAAAAOs/JsaRZQpmzY4jY63DDXlEEZ9mo2YGXtWYgCLcBGAs/s1600/cybersecurity_1.jpg"></media:thumbnail></item><item><title>Streaming: The Savior of the Music Industry?</title><link>https://equityzen.com/knowledge-center/blog/streaming-savior-of-music-industry/</link><description>&lt;p&gt;The last two years have proven to be a huge turning point for the music industry as internet streaming has meaningfully reversed the 15-year decline in industry revenues brought about by the internet piracy age at the turn of the century. In this post, an excerpt of our industry overview report, we&amp;rsquo;ll briefly discuss the industry growth trends.&amp;nbsp;For a detailed analysis of the industry&amp;rsquo;s history and the business performance of the key players, please download the report, EquityZen Industry Overview: Music Streaming, &lt;a href="https://dioguwdgf472v.cloudfront.net/media/tinymce_uploads/EquityZen_Industry_Overview_Music_Streaming_vF.pdf"&gt;here&lt;/a&gt;.&lt;/p&gt;</description><author>chukwuma.okpalugo@equityzen.com (Chuk Okpalugo)</author><pubDate>Thu, 03 Aug 2017 15:00:00 -0400</pubDate><guid>https://equityzen.com/knowledge-center/blog/streaming-savior-of-music-industry/</guid><category>Spotify</category><category>Apple Music</category><category>Pandora</category><category>Music Streaming</category><category>Spotify Direct Listing</category><category>Spotify vs Apple Music</category><category>Music Industry</category><media:thumbnail url="https://4.bp.blogspot.com/-3RmnI75x2QU/WYJkUuOIw5I/AAAAAAAAAA8/CaFJfptPN74uXdZGhQhGqok-BGvmsOcKQCLcBGAs/s1600/Streaming%2BUsers.png"></media:thumbnail></item><item><title>Redfin: Path to IPO</title><link>https://equityzen.com/knowledge-center/blog/redfin-path-to-ipo/</link><description>&lt;p&gt;Redfin, the Seattle-based real estate brokerage aiming to reshape the industry, recently priced its upcoming IPO between $12 - $14 per share. At this valuation, Redfin would become the latest tech unicorn on the public market. As the company heads towards its public listing, one big question lingers for investors: Should Redfin be valued as a real estate brokerage or as a tech company?&lt;/p&gt;</description><author>charles.joyce@equityzen.com (Charlie Joyce)</author><pubDate>Thu, 20 Jul 2017 15:04:00 -0400</pubDate><guid>https://equityzen.com/knowledge-center/blog/redfin-path-to-ipo/</guid><category>IPO</category><category>Redfin</category><category>Investor</category><category>Startups</category><category>Venture capital</category><category>Private equity</category><category>Share price</category><category>Valuation</category><media:thumbnail url="https://4.bp.blogspot.com/-L05GaZ3aVE8/WXEAgItYQEI/AAAAAAAAAAo/CjtR6MtLUXwBClq55fGp4ulyi5-ohJyJQCLcBGAs/s1600/Redfin_PTIPO.png"></media:thumbnail></item><item><title>SEC Expands Confidential Filing to All IPOs</title><link>https://equityzen.com/knowledge-center/blog/sec-expands-confidential-filing-to-all-ipos/</link><description>&lt;p&gt;Starting July 10, 2017, all companies seeking an IPO, whether or not they qualify as emerging growth companies (&amp;ldquo;EGCs&amp;rdquo;), will be permitted to file their draft IPO registration statements confidentially. This is an important development, as it may lead to more IPOs and is a signal of tone shift at the SEC towards capital formation.&lt;/p&gt;</description><author>shriram@equityzen.com (Shriram Bhashyam)</author><pubDate>Thu, 06 Jul 2017 12:03:00 -0400</pubDate><guid>https://equityzen.com/knowledge-center/blog/sec-expands-confidential-filing-to-all-ipos/</guid><category>Investor</category><category>IPO</category><category>Startups</category><category>Venture Capital</category><media:thumbnail url="https://2.bp.blogspot.com/-HfzHs4rEadk/WV5csp9uWaI/AAAAAAAAEHQ/zJsn3dPAyBsN6Pmc5xkYkvrwOI6c90cwwCLcBGAs/s400/shh.jpeg"></media:thumbnail></item><item><title>Tech IPO “Down Rounds”: EquityZen Runs the Numbers with Jeremy Abelson and Irving Investors</title><link>https://equityzen.com/knowledge-center/blog/ipo-down-rounds-with-irving-investors/</link><description>&lt;p&gt;The &lt;a href="https://www.forbes.com/sites/alexkonrad/2017/04/28/cloudera-shares-jump-in-ipo-but-is-it-a-win/#70e339b178c8" data-blogger-escaped-target="_blank"&gt;recent Cloudera IPO&lt;/a&gt; has re-ignited a discussion about down rounds. How could a private company &lt;em&gt;possibly&lt;/em&gt; be valued at $30.92 per share in 2014, and then go public at $15? What could lead to such a corporate phenomenon? Do the valuation techniques of VC firms and Wall Street &lt;em&gt;really&lt;/em&gt; differ by such a margin?&lt;/p&gt;</description><author>phil@equityzen.com (Phil Haslett)</author><pubDate>Thu, 25 May 2017 00:01:00 -0400</pubDate><guid>https://equityzen.com/knowledge-center/blog/ipo-down-rounds-with-irving-investors/</guid><category>IPO</category><category>Cloudera</category><category>Down round</category><media:thumbnail url="https://1.bp.blogspot.com/-hj104Xmobqg/WSUCQyJaeHI/AAAAAAAADDc/-fW9Mh8ZNCANpbw51uYaQublznBKE-kaACLcB/s400/Screen%2BShot%2B2017-05-23%2Bat%2B11.46.51%2BPM.png"></media:thumbnail></item><item><title>Not So Obvious: Here's What To Know Between NSO and ISO Stock Options</title><link>https://equityzen.com/knowledge-center/blog/heres-what-to-know-between-nso-and-iso-stock-options/</link><description>&lt;p&gt;The world of startup stock options can be pretty opaque. To outsiders, its seems all one does is join a small company, and, if it works, &lt;a href="http://www.dailymail.co.uk/news/article-2072204/Facebook-IPO-create-1-000-millionaires-companys-rank-file.html" target="_blank"&gt;everyone becomes millionaires&lt;/a&gt;. For new employees, they often don&amp;rsquo;t know what &lt;a href="https://www.inc.com/atish-davda/5-questions-you-should-ask-before-taking-a-start-up-job-offer.html" target="_blank"&gt;they don&amp;rsquo;t know&lt;/a&gt; and are faced with piles of new &lt;a href="https://equityzen.com/blog/key-equity-documents-to-keep-on-file/" target="_blank"&gt;documents&lt;/a&gt; and &lt;a href="https://equityzen.com/blog/demystifying-the-option-agreement/" target="_blank"&gt;more questions&lt;/a&gt; once they join their budding business. Core to our mission is to help educate employees, companies, and their founders about their &lt;a href="https://equityzen.com/blog/rights-of-employees-as-shareholders/" target="_blank"&gt;stock options&lt;/a&gt; and what they can do &lt;a href="https://equityzen.com/blog/what-to-know-about-selling-you-shares/" target="_blank"&gt;with their resulting shares&lt;/a&gt;.&lt;/p&gt;</description><author>nat.disston@equityzen.com (Nat Disston)</author><pubDate>Thu, 18 May 2017 14:22:00 -0400</pubDate><guid>https://equityzen.com/knowledge-center/blog/heres-what-to-know-between-nso-and-iso-stock-options/</guid><category>Employee</category><category>Equity</category><category>Stock Option</category><media:thumbnail url="https://3.bp.blogspot.com/-5uW10ezhRmo/WRomPIMKzkI/AAAAAAAADKw/SJjJwhPO3mwcPG--Fay8eaOLzx2apPmSwCLcB/s1600/ez%2Bnso%2Btax%2Btreartment%2Bunicorn.png"></media:thumbnail></item><item><title>Q&amp;A with Troy Paredes: How the SEC Regulates Silicon Valley (Part 2)</title><link>https://equityzen.com/knowledge-center/blog/q-and-a-troy-paredes-sec-silicon-valley-part-2/</link><description>&lt;p&gt;The change in administrations at the White House has multifold ramifications for startups. Important among those areas is the Securities and Exchange Commission&amp;rsquo;s (&amp;ldquo;SEC&amp;rdquo;) posture towards Silicon Valley and how that agenda may shift under incoming Chair Jay Clayton. We&amp;rsquo;ve tapped friend of EquityZen, and former Commissioner at the SEC, Troy A. Paredes to shed some light.&lt;/p&gt;</description><author>shriram@equityzen.com (Shriram Bhashyam)</author><pubDate>Thu, 13 Apr 2017 12:51:00 -0400</pubDate><guid>https://equityzen.com/knowledge-center/blog/q-and-a-troy-paredes-sec-silicon-valley-part-2/</guid><category>Investor</category><category>Regulation</category><category>SEC</category><category>Fintech</category><category>Legal</category><media:thumbnail url="https://1.bp.blogspot.com/-njgZ7s7B-50/WO-rK4-FU5I/AAAAAAAAD4A/_XgBaYtJh-wFNY3Z8t2grEmG5j3B0_YVACLcB/s320/SEC3.png"></media:thumbnail></item><item><title>Q&amp;A with Troy Paredes: How the SEC Regulates Silicon Valley (Part 1)</title><link>https://equityzen.com/knowledge-center/blog/q-and-a-troy-paredes-sec-silicon-valley/</link><description>&lt;p&gt;The change in administrations at the White House has multifold ramifications for startups. Important among those areas is the Securities and Exchange Commission&amp;rsquo;s (&amp;ldquo;SEC&amp;rdquo;) posture towards Silicon Valley and how that agenda may shift under incoming Chair Jay Clayton. We&amp;rsquo;ve tapped friend of EquityZen, and former Commissioner at the SEC, Troy A. Paredes to shed some light.&lt;/p&gt;</description><author>shriram@equityzen.com (Shriram Bhashyam)</author><pubDate>Wed, 05 Apr 2017 18:49:00 -0400</pubDate><guid>https://equityzen.com/knowledge-center/blog/q-and-a-troy-paredes-sec-silicon-valley/</guid><category>SEC</category><category>Regulation</category><category>Investor</category><category>Legal</category><media:thumbnail url="https://2.bp.blogspot.com/-B1_5wmq-SqA/WOVx70ZZQmI/AAAAAAAAD2U/Fstar9fXkWcXuR5hwV0xpOFq_1X57cExgCEw/s400/sec2.jpg"></media:thumbnail></item><item><title>FinTech Outlook: Five Developing Issues to Watch in 2017</title><link>https://equityzen.com/knowledge-center/blog/fintech-outlook-five-issues-2017/</link><description>&lt;p&gt;FinTech investment, innovation, and media attention has grown steadily in recent years, and do not look to abate any time soon. &amp;nbsp;We&amp;rsquo;ve tapped friend of EquityZen, and FinTech lawyer, Lee A. Schneider, to opine on FinTech regulatory trends to watch in 2017.&lt;/p&gt;</description><dc:creator xmlns:dc="http://purl.org/dc/elements/1.1/">Lee Schneider</dc:creator><pubDate>Thu, 26 Jan 2017 14:21:00 -0500</pubDate><guid>