Since ChatWise gives users 60% of the company's shares, what happens to our ownership when the company eventually IPOs as the CEO Josh Gulati stated in 2-3 years?
Since ChatWise gives users 60% of the company's shares, what happens to our ownership when the company eventually IPOs as the CEO Josh Gulati stated in 2-3 years?
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When ChatWise IPOs, the shares you’ve earned as a user will convert into publicly tradable shares. This means you’ll be able to hold, sell, or buy more shares on the stock market. Since 60% of the company is set aside for users, the community will still hold a significant stake even after the IPO, ensuring that users continue to have influence over the platform’s direction. If the company grows, the value of your shares could increase, similar to how early investors benefit in traditional IPOs.