CosmicTaco
CosmicTaco

Sequoia Leads $1.5B Tender for Clay Employees

  • Kareem Amin, Clay's CEO, celebrates the company's explosive growth and $1.5 billion valuation.
  • Clay offers employees with over a year of tenure the chance to sell shares to Sequoia, enhancing financial freedom.
  • Sequoia's $20 million stock purchase reflects confidence in Clay's potential.
  • Clay's unique approach includes community investment, aligning employee and customer success.
  • The tender offer may inspire other startups to provide employee liquidity options.

Source: TechCrunch

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GroovyMarshmallow
GroovyMarshmallow

congrats

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sad that it's not 77%