Investing in stocks and equity options is an excellent way to build wealth and grow one’s assets. But before making the big swing, understanding the basics is a prerequisite for making informed financial decisions and estimating net worth. And for the longest time, exploring the tricky system of equity value and stocks options is a challenge, particularly for startup employees. Today, FinTech company Equitybee bridges this gap with their latest product, Equity Value Finder.
For the first time, startup employees now have the opportunity to get an approximation of their stock options' monetary worth. This will enable them to gain insight into the fair market value of their payment and make informed choices about their finances, including estimating their total assets.
Who is Equitybee?
Equitybee empowers startup employees to participate in the success of the companies they helped build. By leveraging its investor network, Equitybee provides employees with the funding they need to exercise their stock options to become shareholders or gain early liquidity. Investors in the company include Group 11, Battery Ventures, Zeev Ventures, LocalGlobe, Latitude, and ICON Continuity Fund.
The team of Equitybee is aware of the significance of comprehending the value of one's stock options, particularly during a period of market decline. The difficulties faced by startups in 2022, which resulted in several appraisals decreasing, highlight the importance of startup workers knowing the value of their stock options and seeking professional guidance when required to deal with the intricacies of the market. With the rise of obstacles, coupled with the downfall of Silicon Valley Bank, it has become increasingly crucial to be transparent regarding equity value and stock options.
How does Equity Value Finder work?
To begin using Equity Value Finder, individuals are required to sign up on the platform. They must then input the number of shares or options they possess. Equitybee's Equity Value Finder uses its unique model, which combines various trade data sources, valuations, and market trends, to estimate the market value. After submitting the number of options, the user will be able to see their equity value, along with any funding prospects accessible through the platform.
"We are thrilled to launch Equity Value Finder, which provides startup employees with the transparency and knowledge they need to make informed decisions about their stock options. Big tech public companies’ employees have clear visibility to the value of their stock grants, why should private startup employees be different? For the first time we are leveling the playing field and providing startup employees with the estimated market value of their stock options” said Oren Barzilai, Co-Founder & CEO of Equitybee. “Our mission has always been to empower employees to participate in the success of the companies they helped build, and Equity Value Finder is an extension of that commitment. With this product, employees can learn the market value of their options and take control of their financial future with ease, and transparency. We believe that in times of uncertainty, it's more important than ever for employees to know their equity value and plan for the future, and we're proud to be a part of that process."