Disclosure certainty 4/5 debate potential 2/5

Anduril employee tender offer participation sits at roughly 30%

Matt Grimm · Matt Grimm, Co-Founder @Anduril: How a Trump Administration Changes the Defence Industry | E1224 · 20VC with Harry Stebbings · Nov 11, 2024 · at 55:39

Matt Grimm is the co-founder and COO of defense technology startup Anduril. He discusses employee liquidity options and share participation rates in company tender offers.

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“Every time we've done one of these structured tenders we've had a relatively low participation rate in them. Somewhere in the like, 30% range of the percent of shares that could have been sold that were eligible to be sold.”

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