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Launched on April 3rd, 2025
Launched on November 15th, 2023
Launched on January 25th, 2023
Understand what your private stock is worth with data-backed valuation methods. See how investors and other players value your equity and make smarter decisions with insights tailored to your company.
Add your stock options, choose the plans that you want to compare and see a personalized breakdown of the tax implications and potential net gains. There are plans for early exercising, what an IPO could look like, potential outcome of a secondary sale & more!
Secfi provides what would otherwise be a helpful service to employees at venture-backed startups: financing of options for exercise. For employees who want to derisk or don't have the capital, it's a decent option. The problem enters with their terms. First, you are paying an automated fee every month for basically nothing directly to Secfi. They say it's for their platform and trust management but they literally have to do nothing to earn the fee each month. Second, the terms of any agreement you get through them are egregious. Not only does the financier share in the upside but they charge a ridiculously high interest fee which compounds. This means you should only receive financing if: 1. There's an IMMINENT exit (< 6 months) 2. The exit is for a very high multiple of what you purchased the shares for. Otherwise, the interest will eat into your cost basis, leaving you with basically nothing. This is essentially a lender of last resort and should be treated as such despite their friendly public marketing. They get to offer predatory terms because there are few financiers operating in this market. It's completely exploitative.
Very solid and knowledgeable team that helps with every single step of the process and answers any questions. The tools are helpful to see what different outcomes for your company would mean for your equity (eg in case of and exit at a certain valuation).
