Understand your private-company equity

Know what your startup equity is really worth — and what to do with it.

Got tech startup shares or options? Understand and value your stake, see exercise cost, dilution and tax, and prepare to sell — free tools and plain-English guides that take you from a rough number to a plan you can act on. For founders, employees and RSU holders in the US and Europe. No jargon, no sales pitch.

Your equity is part of a life, not just a line in a comp package.
See what yours is really worth — free estimator →
Companies we cover US Pre-IPO →EU Unicorns →

Open your company’s page — 200+ US and 50+ European companies — for its value, how a sale works and what’s changing. Hold equity elsewhere? The tools and guides still work for you. If interested, see our Private Tech Equity & Liquidity Report 2026 → — and see the Liquidity Heat Index → for which companies actually run programmes that let employees sell, or the Pre-IPO Liquidity & Secondary Tracker → for the latest dated deals and recent valuations →. Company names are for reference only — no affiliation or endorsement.

What this is for

Make sense of the private-company part of your net worth

Most people with startup equity have no clear picture of what they hold, what it’s worth, or what to do before a liquidity event. These tools and guides give you that — in plain English, with the sources shown.

Founders & early shareholders

What you hold — and what it’s worth

  • ✓Value your stake — a realistic range from your last round and share count, adjusted for common vs preferred, dilution, and how a sale is taxed in your country.
  • ✓Prepare a sale properly — ROFR, board approval and the paperwork, step by step.
Employees & leavers with options

What you can do — and how to prepare

  • ✓What it costs to exercise — strike, tax and the AMT trap, plus your post-departure exercise deadline.
  • ✓Can you even sell? — vesting, ROFR and board approval, in plain English.

Already public or holding RSUs? See the free RSU tools →

Free tools · no sign-up

Estimate your position — and use the free tools to your advantage

A rough guide in ten seconds — it prices off your last round, adjusts for what you actually hold and how liquid the company is, and gives you a realistic range, not a single number. Alongside it, each free tool answers one more question, one at a time.

Hold virtual or phantom units (e.g. German VSOP, some ESOPs)? Those are usually cash-settled and can't be sold on a secondary — see the country guides.

An estimate only — not a valuation, offer or advice. Real price depends on the company, the round, demand and any restrictions on your shares. Tax on the sale (and on exercising options) isn't included.

Method and data privacy ↗

Realistic sale price
$13,200–$16,800
for common shares, sold privately at a discount to the $24,000 last-round value
At last-round (headline)$24,000
Estimated cash, before tax$13,200–$16,800

Want tax, dilution and the exit waterfall worked out on your own numbers? Build the full report →

Prepare

The assessment to do before you exercise, hold or sell

Before a costly, hard-to-reverse equity decision, do the assessment first — what you hold, what it’s worth, the restrictions and the tax.

The toolkit is that assessment, structured: an A–Z deal map with clear STOP boxes where a lawyer, tax adviser or notary takes over — built from lived experience, not definitions you could look up.

Using AI safely to sell shares →  ·  RSUs & public stock →  ·  How to find a buyer →

Three steps, one path — understand → act → done with you

Understand
Equity Starter Kit
Understand & feel the stakes
Best if you’re still figuring things out
Private Tech Shares
Equity
Starter Kit
Private-sale journey
2026 liquidity data
From the glossary Included free

“Right of first refusal.” The company can match any buyer and take your sale — the kit shows you where to find it, and how it changes your plan. One of 40+ terms explained in plain English.

You receive
  • ✓Private-sale journeyPDF
  • ✓Equity glossaryPDF
  • ✓2026 liquidity dataPDF
Plain-English and sourced · yours to keep, no sign-up.
What’s inside
Understand the process and your own position before deciding whether to go further.
  • The private-sale journey, start to finish
  • What really decides what your equity is worth
  • A plain-English equity glossary
  • The 2026 data on who can actually get liquidity
Free · instant download
Download the free kit (PDF) →
Instant · no email needed. Want the occasional useful update?
Start Here
Equity Toolkit — US
Actually do it — yourself
Best if you hold equity in a US company
Includes the ready-to-send letter that opens your sale conversation — and how to clear the company’s right of first refusal.
A–Z sale guide
Deal Room + calc
Net proceeds
Everything in the free kit + the tools to act
You receive
  • ✓A–Z sale guidePDF
  • ✓Deal Room + calculatorXLSX
  • ✓Editable workbookDOCX
US modules · ISO · NSO · AMT · QSBS
Drop-in templates for Notion, Asana & Monday
What’s inside
Prepare and run your US sale yourself — the process, the numbers and the working documents in one place.
  • Know exactly what to do next. An 8-phase A–Z deal map with clear STOP points for lawyer, tax or notary help.
  • Know what the sale could actually put in your pocket. A live calculator for net proceeds, offer comparison and the target sale price.
  • Run the deal without starting from scratch. The ready-to-send “request your documents” letter, a Deal Room control panel, readiness audit, company-side consent drafts and 11 ready-to-send messages.
  • Handle the US-specific traps. ISO/NSO, AMT, QSBS and the exercise & tax questions to take to your adviser.
$39 · one-off · instant download
Get the US toolkit — $39 →
Secure checkout by Stripe · PDF + Word + Excel + CSV · 30-day money-back · try the free kit first
Your Readiness Profile
Equity Position Report
Your whole position, done with you
Best if you'd rather we ran the numbers
Your read Illustrative sample

8,000 common shares, Series C. Realistically $44–56k before tax — gated by a right of first refusal and the AMT bill on exercise. The blockers are process, not value.

Everything in the toolkit + your personal report
You receive
  • ✓Position at a glanceNew
  • ✓What it may be worth
  • ✓Cost to exerciseincl. AMT
  • ✓Dilution
  • ✓Exit waterfall
  • ✓Tax by country
What’s inside
Provide your numbers. Get back one sourced report: what you hold, what it may be worth, the cost to exercise, what dilution and an exit do to your outcome, and what to do next. Walk into any company, buyer, adviser or lawyer with your numbers and questions already organised — the most prepared person in the room.
Conversation packNewStep-by-step plan
Your preparation toolkit is included — the full US & Europe pack.
Built on the PTS Open Framework — our transparent, sourced Equity Position Methodology.
$129 · report + toolkit · instant
Get the report — $129 →
Secure checkout by Stripe · your figures never leave your browser · 30-day money-back
New · For RSU & public-company shareholders

Already own RSUs, or did your company IPO?

A separate, free toolkit for public-company equity — the tax-withholding gap on your RSUs, whether your ESPP is worth it, your single-stock concentration risk, and the 83(b) decision. Same plain-English, sourced approach.

What’s inside the $19 Prep Pack
  • Plain-English guide (PDF) + editable Excel workbook (6 tabs)
  • The RSU withholding gap — a worked example and three ways to close it before the bill lands
  • ESPP: sell or hold — whether the discount is actually worth it
  • Single-stock concentration risk — how exposed you really are
  • The 83(b) decision — with a ready-to-edit election letter and the hard 30-day clock
  • An equity pay audit — run it at every vest or new offer
  • Written for US RSUs, ESPPs & 83(b) · cross-checked against IRS & SEC
Open the free tools →Get the Prep Pack — $19 →

An AI prompt can give you an answer. Preparation gives you a position.

We work through the documents, tax detail and process so you understand what you own, what it may be worth and what comes next. We don't introduce buyers or hold funds — we get you prepared to act.

✓ Secure checkout by Stripe ✓ Instant PDF — no account needed ✓ 30-day money-back guarantee ✓ Free Starter Kit — try before you buy

These are educational guides and starting-point drafts, not legal or tax advice. Every document is written in plain English to adapt and have reviewed by a qualified lawyer before anyone relies on it. Laws and taxes vary by country — always confirm your own position locally.

How we work

Straight, sourced, and on your side

PrivateTechShares is an information and tools resource for people who hold private-company equity. We help you understand and prepare — we don't hold your shares, and we don't sell them for you.

✎

Education & tools — not advice

Plain-English guides and estimates to help you think clearly. Nothing here is investment, legal or tax advice; take professional advice before you act.

◎

Sources shown

Tax rates, valuations and rules are cited and dated. Things change — we show where a number came from so you can check the current position. See how we research & source →

✓

Free where it matters

The estimator, the calculators and the country guides are free, with no sign-up. The toolkit is there when you want the full, prepared version.

⇄

You stay in control

Whatever you decide — exercise, hold, or sell later — is yours. ROFR, board approval, price and paperwork stay entirely with you.

◐

Your data, minimised

GDPR from day one. We don't sell your data, and we only ask for what a tool actually needs. Privacy.

Guide

Thinking of selling? Start here.

For founders, co-founders and employees with options (ESOP) — whether you're leaving, exercising just some options, or simply want to understand what you hold. Everything here helps you decide and prepare; the choices stay yours.

★ The field guide: what every founder & employee should know about their equity →

FoundersCo-foundersESOP / early employeesEx-employeesEarly angels

A secondary simply means selling shares you already own to a buyer — the cash goes to you, not the company. You don't have to sell everything: most people sell a small slice for some liquidity now, instead of waiting years for an exit.

Left a startup with options? Your ESOP options aren't shares yet — you usually have to exercise them (often within a limited window after you leave) to own real shares you can sell. Check your post-departure exercise deadline and the tax on exercising — take advice before you do.
  1. Check you can sell. Vested, and any ROFR / approval cleared.
  2. Work out a fair price. Usually the last round's value, at a discount for a private sale — the estimator gives you a range.
  3. Find your buyer. Existing shareholders, an incoming round's investor, or a private buyer — see who actually buys private shares and where to find them.
  4. Deal & transfer. Agree terms, clear ROFR, sign the transfer (often via a notary), and the buyer pays you directly.
Start here Can you sell? (shares vested · restrictions cleared) NO Clear ROFR & board approval first YES How much do you want to sell? ALL / MOST One direct sale — whole block, cash A SMALL PART Understand what it's worth, the discount and the tax — that's where PrivateTechShares helps

General information, not legal or tax advice — rules differ by company and country.

Read the full guide — how to sell your startup shares or options →

Hold shares in a European unicorn? See the EU Unicorns list →

Thinking about it? Free reads: Cost of exercising (US) · How to get liquid · What are they worth? · What's a fair discount? · Can I sell before an exit? · Selling after you've left · Using AI safely · Who buys your shares? · Selling a small stake in Europe · Sell in Germany · the UK · the Netherlands · Spain · Italy · France
The landscape

Where the big platforms fit — and where they don't

Forge, EquityZen and Nasdaq Private Market are built for large, late-stage deals and institutions — high minimums, a late-stage focus, an institutional process. If you hold a small stake, in a US or a European company, they're often not built for you — which is exactly why understanding your own position, first, is worth the ten minutes.

Read the full, sourced comparison →

Free tool

What will it cost to exercise your options?

Left a startup with vested options? Before you can sell, you usually have to exercise them — pay to turn them into real shares. Here's the rough cost and the paper gain, in ten seconds.

Open the exercise & AMT calculator → How exercising works — US & Europe →

Quick check

Can I sell my shares?

Four quick questions. Nothing is stored — this just points you in the right direction.

1 What do you hold?
2 Have they vested?
3 Is a right of first refusal or board approval needed to transfer them?
4 Roughly how much would you sell?

General information, not legal or tax advice.

Why this exists

A small, honest way to get liquid

PrivateTechShares started from a simple frustration. People who help build early-stage companies often end up with something valuable on paper — shares, options, or a small stake they’ve worked hard to earn. But when life happens and they want access to a little cash, there’s rarely an easy path.

The larger secondary platforms usually aren’t interested in a €30k, €50k, or even €100k transaction. And trying to sell privately can feel uncomfortable — you’re not sure who to speak to, how much your shares are worth, or how to have those conversations without drawing attention.

That frustration is personal. Having spent years building a company toward the next financing round, I often found myself wondering the same things many founders and employees do: what is this equity actually worth? Is there a sensible way to get some liquidity without selling everything? Who do you even ask?

The reality is that most of the knowledge around private-company equity sits with VCs, angels and professional advisers. For the people who earned the equity in the first place, the process can feel opaque and out of reach. PrivateTechShares is a small attempt to change that — by putting clear, honest information and practical tools in your hands.

So the model is deliberately simple. No fund, no marketplace, no broker. Just plain-English guides, free calculators, and a toolkit that helps you understand what you hold, what it’s worth, and how to prepare — so you can make your own decisions with confidence.

Built from experience by a founder who spent years researching startup transactions.

That’s it — a practical resource for people who have built real value and want to understand the private-company part of their net worth.

Questions go straight to us at hello@privatetechshares.com

Questions

FAQ — Good to know

Is my equity worth anything before an exit?
Often, yes — but usually less than the last-round headline price. You typically hold common shares (worth less than the preferred shares investors bought), the stake is small, and the company is illiquid. The free estimator gives you a realistic range to work from.
What does it cost to exercise my options?
You pay the strike price for each share, and there can be a tax charge at exercise — in the US, the AMT on ISOs. The free calculators estimate the exercise cost and the tax angles so you see the real number before you commit. If you've left, check your post-departure exercise window.
How is selling startup shares taxed?
A gain is generally a capital gain, but the rate and rules vary by country. The country guides cover Germany, the UK, France, Spain, Italy, the Netherlands and Poland — each with a source and current 2026 figures. Always confirm your own position with a tax adviser.
Do I need the company's permission to sell?
Usually there are transfer restrictions — a right of first refusal and often board or company approval — in your shareholder agreement. That's not a dead end; you clear it with the company first. The guides explain how each restriction works.
Do you sell my shares or find me a buyer?
No. PrivateTechShares is an information and tools resource — we help you understand and prepare, and we point you to who typically buys private shares. We don't hold your shares, broker a sale, or take a cut of any transaction.
Who is this for?
Founders, co-founders, current and former employees with options (ESOP), and early angels — anyone across the US or Europe trying to make sense of shares or options in a private company.
Are these numbers a guess, or how are they worked out?
They're worked out, not guessed. Every calculator uses a stated, sourced method — your last-round price and share count, adjusted for share class, the secondary discount, dilution and tax — set out in full in our open methodology. We show a realistic range rather than a single "true" number, because private shares are genuinely hard to value.
What happens to the figures I enter?
The figures you type into the calculators are worked out entirely in your browser — they're never uploaded or stored. Only what you choose to submit in a form (like your email, to get the free kit) is sent, and only to deliver what you asked for. See our methodology and privacy & terms for the detail.
Featured in

Launch coverage distributed via newswire. PrivateTechShares is an independent education & tools resource.

Contact

Questions about your equity?

Email us at hello@privatetechshares.com — we read every message and reply personally.

We can't give personal financial, legal or tax advice, but we're glad to point you to the right guide, calculator or toolkit for your situation — or to hear what would help you most.