Pre-IPO stock split

[Overnight]

...and having the choice of being all in on this one company's future vs. diversifying as I see fit would be in my hands. And that is something I see as highly valuable...

Ahh, I see. You are looking to extract that money and make it available for other plays. I guess the question you then have to ask yourself is...Is pulling up stakes now the better play, to put that equity someplace else to make you more money now, or keep it in the original investment and hope for a better return.

If you absolutely NEED the money now, I guess you have no choice if you have no other source for cash. But if you do not need it now like JG Wentworth, maybe dive into the company's books one more time, and attempt to glean how much more value you can extract from your holdings.

 

[BlueWaterSailor]

You want to diversify your overweight position. Good idea.

Exactly!

 

[Overnight]

View attachment 291493

Exactly!

How the hell am I supposed to unsee this. BWS, game penalty. -50 to Ravenclaw.

 

[BlueWaterSailor]

But if you do not need it now like JG Wentworth, maybe dive into the company's books one more time, and attempt to glean how much more value you can extract from your holdings.

And now you've hit on the reason for my preference - which I mentioned early on in this thread: I suck at fundamentals analysis (or don't trust it, to put it another way.) Unlike Andreessen et al, I'm not interested in a 1:30 bet on unicorns... I'd rather take my little bite out of the market via less arbitrary trades. YOLO bets ain't my style - I'm neither young enough nor rich enough for them.

 

[BlueWaterSailor]

How the hell am I supposed to unsee this. BWS, game penalty. -50 to Ravenclaw.

PERFECT - goal achieved! That's +100 on my game board.

 

[Overnight]

PERFECT - goal achieved! That's +100 on my game board.

And for that, you are an asshole. I'm gonna watch AOC dancing videos to get your image out of my head. But I still love you! hehe! -5000 to Ravenclaw

 

[BlueWaterSailor]

I'm gonna watch AOC dancing videos to get your image out of my head.

So... you're going to punish yourself on top of getting whacked in the head??? Hmmm. Masochism ain't my jam, but I guess it's valid for some.

 

[Overnight]

So... you're going to punish yourself on top of getting whacked in the head??? Hmmm. Masochism ain't my jam, but I guess it's valid for some.

Well, it's better than what you posted, visually! Fuck politics, it is just more visually pleasing! Remember, I am trying to cleanse my eyeball palette, my visual cortex, not my prefrontal lobe where I can think about shit. That picture is just nasty dude.

K, fine fine fine. You don't like AOC. Here's a neutral scene, no politics, and it comes with sexy music by Pino Donaggio

 

[VicBee]

A couple friends of mine working for different cos in the Bay Area were approached a couple of years ago by the same guy offering to buy their pre IPO shares at premium. Both did because of the premium and, at least one didn't trust the company to make it to IPO. Earlier this year, the doubting one was handed additional shares and he reached out to the guy who'd bought them. This time around, however, he wasn't interested due to adverse market conditions.

Thus it seems your opportunity to sell will be greatly dependent on market conditions and probably the company you worked at. GL

 

[vanzandt]

I have some shares from a company I used to work for; they're very successful in their space - huge growth/market capture in just a few years in a hot sector, etc. The only problem - at least from my perspective - is that every time they get ready to do an IPO, major venture firms throw BIG chunks of cash at them, so those plans get shelved for another year. Great in that it brings the total cap/share value up, annoying in that I can't sell my shares in the open market (yeah, I know about pre-IPO stock buyers... checked it out, not a fan.)

My big question is this: I just got a message from them about a 3:1 stock split. Yeah, I understand how all that works... I just don't know what it implies about IPO plans, or their financial perspective, or really anything. And I know that some of you folks spend your days reading Form 4/10b5-1 disclosures and all that other... stuff that I find nearly impenetrable. So, any thoughts you have on what it means or implies would be appreciated.

Hard to answer without more information. I'd contact the office that sent you the message about the 3:1 split, and see if they have some kind of prospectus. I wouldn't sell just yet though, if what you say is true regarding potential growth and cash-flow positive out of the gate. Especially if they have a niche and it's a high margin business like software or consulting.
If you had a prospectus, I'd be glad to take a look and give you my opinion.
I'd compare the numbers to a similar company that's already publicly traded and go from there.