The SALE (Simple Agreement for Liquidity Exit) is a standardized instrument designed to solve the $500B venture secondary overhang. $0 Legal Fees. 3 Days to Close.
v1.0 Standard Instrument (DOCX)
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The User Guide & Whitepaper
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Venture returns for 2016-2019 vintages remain 65-90% unmonetized. The SALE creates a "friction-free" exit path for early employees and seed investors by standardizing pricing, waivers, and joinders.