Such transactions have become increasingly common among private companies using liquidity as a retention tool. Recent examples include Stripe, which this week said it would allow employees to sell shares at a $159 billion valuation, as well as Clay, ElevenLabs, and Linear.
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Chance, 20, from Wigan, said: "It's very convenient to have the Co-op Live here - because now loads more artists are coming to Manchester compared instead before going to like Wembley Stadium.