Secondary Sales of Pre-IPO stock from the Company’s Perspective
We will discuss how the market to sell private shares developed, current trends, who sells and why, how shares are priced and most importantly how it effects companies and what are some policies you can adopt. We will use real examples of companies and have an in depth Q&A
Led by Larry Albukerk, EB Exhange. Larry has over 20 years’ experience founding, managing, advising, and investing in hundreds of private, venture-backed companies, and is widely recognized as an expert on private equity financing and capital structure.
From 1993 through 1998, Larry was the founder and CEO of Visible Interactive, one of the earliest location-based services companies to leverage mobile computing technology. In addition to establishing a technology partnership with Apple and managing over 100 employees, Larry also obtained marquee clients such as the Smithsonian, Sony, and Disney. Larry founded his second venture, Basement.com, in 1998. Basement.com was an Idealab-backed pioneer of online reverse auctioneering for consumer products. Larry also licensed and sold a portfolio of mobile technology patents, one of which he was the primary inventor.
Based on his experience as an entrepreneur, Larry founded EBX in 1999 with the goal of helping entrepreneurs achieve liquidity and diversification. Larry also created and managed special purpose funds to allow accredited individuals and institutional investors to invest in pre-IPO companies such as Facebook.
Outside of EB Exchange, Larry advises the X Prize Foundation on matters of private equity donations and is an active fund raiser for his children’s schools. He is also a frequent lecturer on founder liquidity and startup capital structure.
Larry earned an MBA from The University of Chicago Booth School of Business (1992) and a BSBA from Washington University in St. Louis (1989). He holds FINRA Series 7 and 63 registrations.
Larry lives in San Francisco with his wife and three kids.
LA CFOs is a sponsor supported forum where CFO's of technology companies can come together to freely collaborate, learn and innovate, share expertise, ideas, and experiences in confidential, informal, non-threatening environment in order increase the efficiency and effectiveness of their role and enhance our value to our respective organizations. Join us for an intellectually stimulating presentation, conversation, and problem solving round table.
For your convenience LA CFOs will generally be held the second Wednesday of the month at 12 Noon at this location, Confirmed RSVP is required. This is not a networking event. It is for CFOs only. Others will be asked to leave. Please only provide business cards upon request.
Space is very limited for this free event. We request that you honor your commitment of attendance & punctuality.
LA CFOs:1. A regular opportunity to openly collaborate with other CFO's about issues and topics relevant to the role.
2. A place to learn about techniques and important subject matter from fellow CFO's and other experts.
3. A forum which facilitates networking with fellow CFO's and other professionals from appropriate industry segments.
4. A forum focused on a timely financial issue. Participants share insights, ideas and exchange best practices.
LA CFOs is NOT:
2. A place to be pitched (or to pitch) on service or product offerings.
3. An opportunity to be a 'fly on the wall' (e.g. We want and expect participation).
When & Where
This event is sponsored by Dynamic Synergy, Bryan Cave LLP,, Newmark,Grubb, Knight, Frank, and Cohn Reznick. Parking is not validated. Santa Monica Place, across the street and city lots offer parking for $1.