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Memo: Revolut tells ex-staff who were at the startup for 2+ years and held $100K+ in vested stock that they can join a secondary share sale at a $45B valuation (Aisha S Gani/Bloomberg)

28 November 2024
in Technology
0
Memo: Revolut tells ex-staff who were at the startup for 2+ years and held 0K+ in vested stock that they can join a secondary share sale at a B valuation (Aisha S Gani/Bloomberg)
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Former employees of Revolut who worked at the startup for more than 2 years and held over $100,000 in vested stock have been invited to participate in a secondary share sale at a valuation of $45 billion. This secondary share sale, which began this summer with current employees, allows ex-workers to cash in on their stock options at the $45 billion valuation. The guidelines for the sale ensure that both current and former employees have the opportunity to benefit from Revolut’s success.

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Tags: 100K45BAishaexstaffGaniBloombergheldjoinmemoRevolutsalesecondaryShareStartupstocktellsValuationvestedyears
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