Hiive

Hiive is a modern marketplace for buying and selling shares of private, venture-backed companies. It allows employees of startups to list their shares and connects them with accredited investors and funds. Hiive aims to bring transparency and automated bidding to the opaque secondary market.

The platform lists shares for hundreds of unicorns. Hiive differentiates itself with lower fees and a more transparent bid/ask system than legacy brokers. It is a legitimate, FINRA-registered platform offering liquidity solutions for the private tech sector.

Frequently Asked Questions

1. Who can buy shares?

Buying on Hiive is restricted to accredited investors and institutional buyers. You must provide documentation proving your accreditation status (income or net worth) before you can view full pricing or place bids.

2. specific fees for buyers?

Hiive charges a transaction fee to buyers, which is typically lower than competitors, often varying based on the deal size. They aim to offer better pricing transparency than traditional voice-brokered desks.

3. Can employees sell shares?

Yes, verified employees of supported private companies can list their vested stock options or shares for sale. Hiive helps facilitate the necessary company approvals and legal transfer paperwork.

4. specific minimum trade size?

The minimum trade size is generally $25,000, though this can vary by company and seller. This is lower than the $100k often required by competitors, making it slightly more accessible for individual accredited investors.

5. Is pricing transparent?

Yes, Hiive displays real-time bid and ask prices for shares, similar to a public stock market. This allows buyers and sellers to see the spread and negotiate a fair price based on current market demand.