What is The Elephant Platform?
Thelephant.io, which has been operating in the secondary market since 2015, manages a global platform that offers for sale a portfolio of private shares in pre-IPO companies that are offered for sale by private shareholders. The value of the shares offered at the present time is evaluated at over US $100 million, with shares in dozens of high-tech companies at advanced stages (unicorns’ companies at the pre-IPO stage) and there are more than 2,400 listed investors from around the world who want to be exposed to these investment opportunities.
The Company was also declared as ranking among the top 100 innovative companies in Europe in 2016, and it has developed innovative models, which specialize, particularly, in a low entry threshold in order to expand access for investors to the platform, to know-how and to close and extensive connections with the sellers of the shares. The Company works in collaboration with the world’s leading professional ecosystem, in both the purchase and sale of the shares.
In addition, we are working on connecting these investments to the blockchain technology by the tokenization of the participation units, and by connecting them to the liquidity solutions that will be developed during 2020, in order to increase the possibilities of liquidity for the investors.
We have chosen to concentrate our efforts on the “small” shareholder, “small” investors and “small” transactions. We chose to do so because we see the social benefit that this strategy can bring with it. It obviously, does not limit us from facilitating any other type of transaction that may come through our way.
With our Platform, we intend to offer our solution, not only to shareholders, but also to option holders, allowing them to exercise their options and liquidate them quickly and efficiently. While there is an argument over the exact percentage of options that are not exercised by employees, there is no question that many employees who have worked very hard for these options, never exercise them and they expire.
Our strategy supports the democratization of the private equity market, by enabling the small players, mostly employees, to enjoy the financial benefits of their shares, the shares they have worked so hard to get, if and when they choose to do so. With The Elephant Platform, they no longer need to wait for management to decide if, when and under what terms they are willing to or interested in performing a buy-back of shares, to publicly list the company or having an exit.
As the Platform expands and using our Token Model, the process should become simpler and quicker, creating increasing value for these shareholders.