Is EquityZen a legitimate company?
Yes, EquityZen is “legit” in the sense that it is a legitimate, regulated business and a legitimate alternative investment oppoortunity for accredited investors. EquityZen is among a growing crop of crowdfunding and online alternative investment platforms, most of which have launched in the wake of the 2012 JOBS Act.
Which is better SharesPost or EquityZen?
The biggest difference is that there’s a $175K minimum sale size (as opposed to $100K with Forge/Sharespost), but EquityZen allows sellers to pool their shares together. Besides that, Forge/SharesPost offers a full-blown marketplace experience while EquityZen has a simpler messageboard-like look and feel.
How do I buy pre-IPO stock?
Use a Specialized Broker. Brokers and financial advisors often take part in pre-IPO trades. They may have acquired stocks that they are willing to sell or represent sellers who seek buyers. You can ask your current broker about pre-IPO stocks or use a broker that specializes in pre-IPO sales.
Is Forge Global Safe?
Privacy is very important to Forge, and we take it seriously. Forge has a mission to foster safe, secure and trustworthy transactions in shares and other securities of non-public companies, as well as other alternative assets (the “Transactions”). Doing so requires a commitment to the privacy of our community.
How much money do you need for EquityZen?
The minimum investment amount for investors is $20,000. Financial Advisors, who manage capital on behalf of others, invest their clients’ capital through the platform. Investors outside of the US have invested in private companies.
Is SecondMarket com legit?
SecondMarket is a registered broker-dealer and member of FINRA, MSRB and SIPC and a SEC registered alternative trading system (ATS) for private company stock. For more information, please visit www.secondmarket.com.
Does EquityZen check if you are accredited?
There is no process by which an individual “becomes” an accredited investor. No government agency checks an investor’s qualifications prior to a private placement transaction. Rather, it is the responsibility of the company offering private placements to determine if the investor is accredited.
How does forge global make money?
Forge makes money by “charging a transaction fee of 2% to 4% when it provides liquidity to sellers. We also charge a custodial fee for holding the asset in a private securities account,” he said.
How can I get IPO early?
How to Get In on an IPO
- Work with your online brokerage. Most of the major online brokerage firms have cut deals with select investment bankers to get shares of IPOs.
- Build a relationship with an investment banking firm.
- Buy a mutual fund.
- Wait.
How do you qualify for EquityZen?
The firm works exclusively with companies that have already raised capital from large, institutional investors. Companies need to have at least $50 million in enterprise value to be listed on the marketplace. The minimum investment amount for investors is $20,000.