Ex-Tanium employees say they're receiving bids to buy shares

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Ex-Tanium employees say they're receiving bids to buy their shares, but the company often grabs those shares itself

previously told Insider

Now it appears that some firms are using this opportunity to contact employees who might want to cash out their shares. In the past month, a firm called Next Round Capital Partners has reached out to former Tanium employees asking to buy their shares, four former Tanium employees told Insider. Next Round Capital Partners is a private markets advisory firm. It was founded last September by Ken Smythe, formerly a managing director at Artist Capital.

A Tanium spokesperson called the outreach"fairly routine," and said that"as with other late-stage private companies, it is very standard to see interest from the secondary market." It declined to comment on employees leaving because they don't believe that the company will go public. Former employees also said that firms like SharesPost and Employee Capital Partners have previously reached out to offer to buy shares. SharesPost and Employee Capital Partners did not immediately respond to requests for comment but EquityBee, a site that matches private stock sellers with buyers, said that some of its members wanted Tanium shares, too.

 

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