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Sequoia leads $1.5B tender offer for sales automation startup Clay
It took seven years of hard work for Kareem Amin, co-founder and CEO of sales automation startup Clay, to see the company's product finally take off in
Alfred Lin, a partner at Sequoia, sees Amin’s and co-founder Varun Anand’s decision to offer company-wide participation in the startup’s financial success as another sign of Clay’s uniqueness. In February, Clay gave the option to its direct users to participate in its growth by allowing its community members around the world to invest in the startup at the same valuation offered to its Series B investors. BOOK NOW Amin views the tender offer and the community round as a demonstration for Clay’s employees and direct customers that building the company is a collective effort: a way, as he put it, to ensure “the gains don’t just accumulate to a few people.”
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