Sequoia leads $1.5B tender offer for sales automation startup Clay

The company’s product was a seven-year work for the seven-year annual work to see the explosive explosive increase in the beginning of a billion dollars lasting from a billion dollars in 2022.

Despite the fact that the team’s company is an average short term, he made a rare decision: the clay allows one-year employees to sell at least one of the shares of some shares in Sequoia relatively high stock price. It’s a victory for everyone. Employees’ tender proposal, the company estimated $ 1.5 billion, which is $ 1.25 billion Seal of B in January. Since 2019, an investor in Gil, an investor agreed to receive up to $ 20 million in the shares of employees.

Startup workers often receive a lower salary for a bet for the future of the company. “Most of the beginnings do not work, but the clay works and therefore want to make sure that there is a choice of liquidity.”

According to Ami, both current workers and former workers usually have the right to sell a certain part of the equivalent of the one-year salary.

Alfred Lin, Amin and co-founder, a partner in Sequoia, Aminand has a decision to offer a wide range of company’s uniqueness in financial success.

“Clay is a very creative place,” said Lin. Startup technology helps sellers and marketers to find the right information and automate the market strategy going with AI. Gilin tools are used by thousands of customers from large companies such as Openai, Hubspot and Canva, to more than 100 smaller consulting agencies that help other enterprises.

The company did not accept a loyal society of hotels. In February, clay provides direct users to participate in the world by allowing public members of society Initially invest in In the same assessment offered to investors in the B series. The clay collected about $ 3 million in order to share its customers directly in its growth.

Amin is a collective effort for a demonstration for a demonstration and a demonstration for the company to build a company for clay workers: “One way to ensure not collecting only a few people.”

The tender will be helped with current and former employees and will help make some shares to cash, and it does not plan to sell financial freedom, amino and Anand.

The tender for Sequoia is an opportunity to increase the share of the company’s confidence in the company’s potential.

However, Lin believes that many clay workers will not want to sell many shares because they expect shares to be more valuable in the future. “Probably sad for Sequoia, it will probably be less than $ 20 million.

If the employees do not sell some shares now, there will be another opportunity in the future. Amen said that clay grows so quickly and willing to start the tender offers every year.

Amen hopes that the company’s tender will put a trend, and other beginnings are inspiring to offer employee liquidity.