Facet Stock
FinTechLooking to sell Facet stock or options?
Facet, a financial planning firm, plans to introduce consumer fintech subscriptions. By democratizing access to expert financial advice, Facet offers a flat-fee membership model. Their services encompass portfolio management, comprehensive financial life planning, and personalized goal planning with a dedicated certified financial planner. This subscription-based approach allows customers to enhance their economic security and prosperity affordably.
Coelius Capital, Warburg Pincus, Green Cow Venture Capital, Slow Ventures, Durable Capital Partners, State48 Ventures, Zeitgeist Capital, Natural Bridge Ventures, Crossover VC, Upshift Capital, Gorkem Sevinc, Li Jiang, Tiburon Strategic Advisors, Multiplier Capital, Esalen Ventures, Accelerator Ventures, Bossa Invest, Rannapo Partners, TeleSoft Partners, Audacious Capital.
Our available services for this company
Management Team
Board Members
Facet’s stock FAQs
Facet 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 Facet stock. Depending on Facet’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 Facet 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 Facet stock in two ways. First, Facet 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 Facet stock. Note that all transactions in Facet 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.
Facet 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 Facet stock. Typically, shares of private companies like Facet 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 Jul 2024, Facet is reported to have closed an equity financing in which the investors valued the company at $269M. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Facet 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 Facet is not currently publicly traded, it does not have a ticker symbol.
Facet has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Facet 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 Facet 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.
