Associate Counsel, EquityZen
Marketplace
$110k
+ Bonus + Equity
More information about location
3 days a week in office
Marketplace for pre-IPO shares
Posted today
Marketplace for pre-IPO shares
21-100 employees
Posted today
$110k
+ Bonus + Equity
More information about location
3 days a week in office
21-100 employees
Company mission
To help shareholders in proven, private tech companies get liquidity for their illiquid company stock while giving investors access to this new asset class.
Role
Who you are
- J.D. from an accredited law school
- Licensed in the State of New York or qualified to practice as in-house counsel in the State of New York and in good standing
- You love being a lawyer and want to be part of a close and collaborative legal team
- You are detail-oriented, enthusiastic, resourceful, diligent, comfortable acting in the face of ambiguity, and driving processes to conclusion
- You are a humble team player and believe that the users, the company mission, and team come before you
- You are able to work independently with little or no supervision
- You have excellent communication skills (verbal, written and listening)
- You exercise first-rate judgment and have the ability to prioritize
Desirable
- ’33 Act, ‘34 Act and/or ’40 Act experience
- Experience drafting the following documents: Share Transfer Agreements, Placement Agreements, Subscription Agreements, Non-Disclosure Agreements, Offering Memoranda and Risk Factors
- Transactional experience in capital markets or investment funds at a top-tier law firm
- In-house transactional or capital markets role at a venture funded fintech startup, investment bank, investment adviser, broker-dealer, hedge fund or other private fund
What the job involves
- Act as one of EquityZen’s transactional attorneys and close deals in the private secondary markets for some of the leading pre-IPO private companies
- Orchestrate legal efforts for EquityZen’s deal team, managing innovative private placement transactions and all deal documents
- Work with the product, marketplace, sales, research and tech teams to optimize our transaction process: make deals faster, more automated, and more efficient
- Advise business units on key regulatory developments and compliance
- Negotiate and draft strategic and high value commercial contracts
- Prepare and submit regulatory filings
Our take
EquityZen is a financial services platform connecting investors with employee shareholders at private companies. The former get the opportunity to invest in pre-IPO assets, and the latter get the opportunity to make cash from an otherwise illiquid employment benefit. It’s a model that’s helped EquityZen establish itself as a strong player in the private shares market for nearly a decade now.
Pre-market shares have been hot property in the past, however, some report that a stagnancy in the IPO market has investors taking their interest elsewhere - they don’t want wealth locked into IPOs that may take years to arrive. It’s left EquityZen with a preponderance of shareholders on the platform, and that’s pushing down private share prices.
This, however, may be on the mend - some suggest IPOs are back on the horizon after traversing an understandably rocky patch over Covid. Moreover, EquityZen sellers are offering some impressive and high demand pre-market shares: think Byte Dance Ltd, and SpaceX. So this will likely insulate the company until demand picks up again. Further bolstering the company's upward trajectory is its award for Best Retail Investment Company at the 2023 FinTech Breakthrough Awards.
Steph
Company Specialist at Welcome to the Jungle
Insights
47% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Jul 2017
$3m
SERIES B
Dec 2016
$1.8m
EARLY VC
Total funding: $13.3m
Company benefits
- Hybrid/Remote work environment for engineering members with an emphasis on work-life balance
- Strong career progression paths are available for all tracks including individual contributors and aspiring managers
- Equity
- Competitive salary
- Full employee benefits (health, dental, vision)
- Flexible paid time off
- Stocked fridge, supply of snacks, weekly catered lunch
- 401k match
- Professional development and wellness budget
Company HQ
Financial District, New York, NY
Leadership
Atish Davda
(CEO)Worked as a research analyst with AQR Capital Management, then went on to co-found and serve as CTO at Knolsoft. Held a VP role for product at Ampush, and has spoken and consulted for Dropbox, GeneralAssembly, and Wharton.
Phil Haslett
(Chief Strategy Officer)Started his career at Barclays Capital in their Proprietary Trading group trading credit and equity derivatives. Subsequently was a Vice President at Pomelo Capital, a NYC-based hedge fund, focusing on capital structure arbitrage.
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