Hello there, thank you for making these videos very easy to understand. So if I wanted to give someone stock that can only happen if the company goes public? Well I am a niche sneaker brand, and so for example I guess Nike went public at some point ? I guess that should be my goal, but that is going to reduce the number of investors that would be interested since I don't plan to have an exit correct? Funny I'm sitting here talking about an exit and I haven't even sold a shoelace yet lol, but seriously if my brand gets off the ground it will be a top 5 sneaker brand, it's a huge mountain to climb but the niche is like gold. I don't know what type of companies you get involved in but would love to give you my elevator pitch and see what you think.
If you are a C corporation, you can give out stock at any point. Until you go public, it is restricted, so they won't be able to sell it on the public markets. I suggest using SAFEs or Convertible Notes, rather than stock, because they are much simpler. I would keep an open mind about exits. Going public is fantastic, but you might also choose to sell to one of the big players after several years of success. If you become successful but choose not to do either of those things, you can negotiate with your shareholders to buy them out at some attractive valuation.
Thank you for this information
My pleasure! Let me know if there are other topics you would like to see covered.
@@FeeltheBoot I will watch your videos and if something sticks out I will for sure let you know again thanks for this free information
Hello there, thank you for making these videos very easy to understand. So if I wanted to give someone stock that can only happen if the company goes public? Well I am a niche sneaker brand, and so for example I guess Nike went public at some point ? I guess that should be my goal, but that is going to reduce the number of investors that would be interested since I don't plan to have an exit correct?
Funny I'm sitting here talking about an exit and I haven't even sold a shoelace yet lol, but seriously if my brand gets off the ground it will be a top 5 sneaker brand, it's a huge mountain to climb but the niche is like gold. I don't know what type of companies you get involved in but would love to give you my elevator pitch and see what you think.
If you are a C corporation, you can give out stock at any point. Until you go public, it is restricted, so they won't be able to sell it on the public markets. I suggest using SAFEs or Convertible Notes, rather than stock, because they are much simpler.
I would keep an open mind about exits. Going public is fantastic, but you might also choose to sell to one of the big players after several years of success.
If you become successful but choose not to do either of those things, you can negotiate with your shareholders to buy them out at some attractive valuation.
@FeeltheBoot ok gotcha and that makes sense, thanks for taking the time to explain things so clearly I appreciate it.
My pleasure!
Estupendo
great video, super helpful, thanks! btw, subscribed
Awesome, thank you!