| HBS Case Collection
(Revised December 2011)
Vignette: Alternative Liquidity Options
The growth of companies that facilitate the sales of unregistered stock, such as that granted to employees of successful but long-private companies, has raised a number of questions among regulators, investors, and company founders. This brief vignette sketches out some of the benefits and drawbacks of alternative methods of liquidity.
Keywords: Financial Liquidity;
Business Growth and Maturation;