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Case
| HBS Case Collection
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2011
(Revised from original 2011 version)
Vignette: Alternative Liquidity Options
by
Felda Hardymon, Josh Lerner and Ann Leamon
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Abstract
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;
Private Equity;
Stocks;
Business Growth and Maturation;
Sales;