Looking to sell Flipside stock or options?
Flipside is a developer of a cryptocurrency investment platform designed to simplify the purchase of digital tokens for blockchain organizations. By utilizing a proprietary process, Flipside extracts data from blockchains and assigns labels to transactions, facilitating the identification and understanding of on-chain behaviors. This data is then integrated into business intelligence dashboards, offering a clear view of real-time stakeholder actions and asset flows. Additionally, Flipside enables users to earn bounties by responding to community-sourced inquiries.
Edimus Capital, Serafund, True Ventures, Boston Seed Capital, Jere Doyle Enterprises, 10X Capital, Flucas Ventures, Digital Currency Group, Coinbase Ventures, Resolute Ventures, Collab+Currency, Fidelity Investments, 10H Capital, Ceras Ventures, Founder Collective, M13, Republic Capital, MergeLane, Quiet Capital, Tribe Capital, Castle Island Ventures, Hashkey Capital, Avon Ventures, LightShed Ventures, Collaborative Fund.
Flipside 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 Flipside stock. Depending on Flipside’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 Flipside 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 Flipside stock in two ways. First, Flipside 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 Flipside stock. Note that all transactions in Flipside 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.
Flipside 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 Flipside stock. Typically, shares of private companies like Flipside 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 Apr 2022, Flipside is reported to have closed an equity financing in which the investors valued the company at $371M. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Flipside 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 Flipside is not currently publicly traded, it does not have a ticker symbol.
Flipside has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Flipside 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 Flipside 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.