Looking to sell Career Karma stock or options?
Career Karma is an information platform aimed at helping aspiring software engineers enhance their skills by connecting them with job training programs. The platform provides guidance for selecting the appropriate technology field, gaining admission to the right training programs, and linking with peer groups. This enables users to access the necessary information, tools, and support to achieve their career objectives.
Sander Daniels, Newtype Ventures, Halle Tecco, Amira Yahyaoui, Techammer, Trousdale Ventures, 6ixth Event, Cap Table Coalition, SoftBank Capital, Necessary Ventures, Imaginable Futures Services, Romeen Sheth, Chingona Ventures, Unshackled Ventures, Black Angel Group, Courtney Haynes, Open Opportunity Fund, Bronze VC, Sunset Ventures (Los Angeles), Southern Equity, Immoderata, Iman Abuzeid, Jack Altman, Emerson Collective, Realist Ventures.
Career Karma 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 Career Karma stock. Depending on Career Karma’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 Career Karma 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 Career Karma stock in two ways. First, Career Karma 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 Career Karma stock. Note that all transactions in Career Karma 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.
Career Karma 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 Career Karma stock. Typically, shares of private companies like Career Karma 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 Jan 2022, Career Karma is reported to have closed an equity financing in which the investors valued the company at $365M. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Career Karma 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 Career Karma is not currently publicly traded, it does not have a ticker symbol.
Career Karma has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Career Karma 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 Career Karma 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.