Privatequity.biz sells Gett shares

 Published by Globes [online], Israel business news

A senior employee of the taxi and delivery app sold his shares on the Israeli secondary market online trading platform for private high-tech companies.

Israeli peer-to-peer secondary market online trading platform Privatequity.biz has sold shares in Israeli taxi hailing and delivery app Gett. The shares in the Israeli unicorn (a startup worth more than $1 billion) were put up for sale by a senior employee of Gett and sold to an investor registered in London. No details regarding the value of the shares were disclosed.
Privatequity.biz founder and CEO Sigalit Cohen said, “The transaction for the sale of the Gett shares through a senior employee is a significant commercial milestone and it encapsulates the realization of the company’s business strategy to constitute a global arena for shareholders and for senior employees who hold significant portions of options and shares in private high-tech companies. These high-tech employees want to liquidate the shares in their possession and they have the ability to do so, through the platform, with private investors and with institutional investors who are looking to make investments in promising private high-tech companies from all around the world. The completion of the transaction demonstrates Privatequity.biz’s business potential.”… [Read More]

 

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