Liquidity Infrastructure for Your Stakeholders
Traditional tender offers cost $200K-$500K and take 6+ months. M2M delivers continuous liquidity for employees and investors alike—in weeks, not months, at 75% lower cost.
Your Stakeholders Need Liquidity. Traditional Solutions Create Chaos.
Talent Retention Crisis
Top performers leave for companies offering liquidity while you’re stuck in 6-month tender offer cycles
Investor Distribution Pressure
Early backers, VCs, and LPs demanding returns. Fund managers need portfolio liquidity without forcing your exit
Tender Offer Burden
Expensive legal and tax compliance drains your finance team’s bandwidth from strategic priorities
12+ Year Path to Exit
Median time to IPO now exceeds 12 years. Employees, founders, and early investors can’t wait that long
The Real Cost
With extended paths to liquidity, you’re looking at 3-5+ tender offers minimum. That’s $1M+ in hard costs, hundreds of hours of team time, and mounting pressure from every stakeholder group—all while competitors with efficient liquidity programs gain strategic advantages.
Meanwhile, prospective investors in new funding rounds increasingly evaluate liquidity infrastructure as a signal of operational maturity; making it both a retention tool and a competitive fundraising advantage.
One Platform, Complete Liquidity Solution
SPV Structure Setup
Clean cap table with SPV as single shareholder of record. Beneficial owners maintain economic rights while company retains full control and transparency.
Tokenization Process
Digital certificates enable partial share sales, automated compliance checking, and elimination of manual transfer delays. Smart contracts enforce all company-defined restrictions.
Daily AI Valuations
mVal engine analyzes 4,000+ companies daily using machine learning trained on comprehensive transaction data. Real-time market signals replace stale 18+ month old funding rounds.
Institutional Marketplace
Curated network of qualified institutional buyers seeking transparent private market access. Professional settlement infrastructure with institutional custody standards.
Efficient Settlement
T+2 settlement vs. 30-90 day traditional timelines. Automated compliance, instant verification of transfer restrictions, and professional transaction management.
Continue reading below for Employee Liquidity Programs, or jump ahead to learn about Investor & Shareholder Solutions.
Retain Top Talent Without the Tender Offer Burden
Solve retention challenges with continuous liquidity access—delivered in ~4 weeks instead of 6+ months, at 75% lower cost, with minimal burden on your finance team.
The Employee Retention Challenge
The Traditional Response: Run expensive tender offers every 12-18 months, consuming your finance team and draining resources that should drive growth.
The M2M Advantage: Continuous liquidity infrastructure that costs a fraction of tender offers and operates with minimal company involvement.
Key Benefits
Solve retention challenges without company cash while maintaining full control over your liquidity program.
Solve Retention Without Company Cash
Provide liquidity to employees and investors without depleting your balance sheet. Third-party institutional capital funds all transactions—you maintain your cash for growth while solving stakeholder needs.
Maintain Full Control
You decide who participates, when programs run, transaction volumes, and which institutional buyers qualify. Set eligibility criteria, approval workflows, and information governance to match your company’s policies.
Clean Cap Table
SPV structure keeps your cap table simple with a single entry. No fragmentation across hundreds of buyers, no administrative burden tracking countless small shareholders, no complications for future financing rounds or exit events.
Real-Time Valuation Data
Daily mVal updates provide transparent, AI-powered fair market valuations versus 18+ month-old funding round prices. Make informed decisions about program pricing, timing, and strategic planning with current market data.
Traditional Tender Offers vs. M2M
| Metric | Traditional Tender Offer | M2M Capital |
|---|---|---|
| Timeline | 6+ months of planning, approvals, & Settlement | Typically under 4 weeks |
| Company Cost | $200K – $500K in legal, tax, admin | Minimal company expense |
| Who Pays Cost | Company bears the burden | Employees / Sellers |
| Finance Team | Heavy: Ongoing project management | Low: M2M handles operations |
| Tax Administration | Company must withhold and remit | Handled through M2M |
| Simplified Cap Table | Multiple employees and investors | SPV listed on Cap Table |
| Individual Investor Visibility | Blind to who's inside SPVs—only see entity level | Full transparency: see every individual holder, even within SPVs |
| Information Access Control | SPV manager controls who sees company info | Company decides who accesses financials and updates |
| Voting Rights | Can be diluted through SPVs | Company retains control |
| Frequency | Episodic: 1 – 2x per year max | Continuous access |
| Scalability | Becomes harder as you grow | Scales automatically |
CFO ROI: The Numbers That Matter
3-Event Cost Comparison
TRADITIONAL
Hard costs across 3 tender offer events
- $200K-$500K per event
- Legal, tax, admin fees
- Hundreds of team hours
- 6+ months per event
M2M
Total investment for continuous liquidity infrastructure
- ~$50K-$75K per year
- Ongoing access for stakeholders
- Minimal team involvement
- 4-week setup
You Save
Over your pre-IPO journey
- 75% cost reduction
- Retain top talent
- Maintain strategic control
- Real-time transparency
Save $1M+ Over Your Pre-IPO Journey
Each liquidity round without M2M costs $125K-$150K+ in unnecessary fees and lost time, plus increased risk of losing key talent and strained investor relationships.
Get Started
Ready to Unlock Liquidity?
Schedule a 30-minute discovery call to explore how M2M can solve your stakeholder liquidity challenges.
INVESTOR & SHAREHOLDER SOLUTIONS
Satisfy Investor Distribution Demands Without IPO Pressure
Provide controlled liquidity to early investors, VCs, and strategic shareholders while maintaining your timeline to exit. All without fragmenting your cap table or forcing premature decisions.
The Investor Liquidity Challenge
LP Distribution Demands
Fund investors expecting returns need liquidity before traditional exit timelines
Early Stakeholder Needs
Angel investors and early employees seeking partial liquidity after years of commitment
Fund Strategy Shifts
VCs needing to rebalance portfolios or return capital to meet changing fund mandates
Board & Strategic Pressure
Growing pressure from board members and strategic investors for liquidity events
The Traditional Response vs M2M Advantage
TRADITIONAL
Pressure-driven exits and fragmented cap tables
- Force early IPO or sale
- Secondary market chaos
- Complex negotiations
- Months-old valuations
M2M
Strategic investor management on your timeline
- Controlled distributions
- No IPO pressure
- Clean cap table
- Real-time pricing
You Save
While satisfying investor needs and keeping strategic vision
- Maintain your timeline
- Protect cap table
- Preserve relationships
- Strategic flexibility
Common Investor Liquidity Use Cases
M2M’s investor liquidity solutions address a wide range of stakeholder needs—from fund lifecycle management to personal financial planning—without forcing premature exits or disrupting company strategy.
Early VC Needs Distribution
Series A investor’s fund is nearing end of life and needs to return capital to LPs without forcing the company into a premature exit or sale.
Angel Investor Partial Exit
Early angel wants to take some chips off the table after 8+ years of commitment while maintaining their long-term position and relationship with the company.
Strategic Partner Rebalancing
Corporate strategic investor needs to reduce exposure for portfolio management reasons without signaling lack of confidence in the company’s future.
Founder Secondary
Founder wants modest liquidity for personal financial planning—home purchase, estate planning, or diversification—without triggering board or investor concerns.
Fund Strategy Pivot
VC firm is shifting investment thesis or stage focus and needs to exit select positions gracefully while maintaining founder and LP relationships.
Estate Planning Needs
Long-time investor or board member requires liquidity for estate planning, charitable giving, or family trust distribution purposes.
Strategic Advantage: Enhanced Fundraising Position
Signal investor-friendly governance while differentiating in competitive rounds
Prospective investors increasingly evaluate liquidity infrastructure as a signal of operational maturity and stakeholder-friendly governance. Companies with established programs demonstrate sophistication that late-stage capital expects.
Beyond retention benefits, liquidity programs create competitive advantages in fundraising conversations—new investors gain confidence knowing flexible exit paths exist beyond traditional IPO timelines, making your company more attractive in competitive rounds.
How It Works for Investors
Our streamlined process connects investor liquidity needs with institutional capital through transparent, compliant infrastructure.
Company Opt Ins
Company approves investor liquidity program and defines eligible participants, timing windows, volume parameters, and approval rights.
Investor Expresses Interest
Eligible investors submit intent to participate, specifying desired liquidity amount and any timing preferences or constraints.
SPV Structure Setup
M2M establishes an SPV to hold shares, maintaining clean cap table while enabling fractional liquidity.
Tokenization & Pricing
Shares are tokenized as digital certificates with daily mVal AI-powered pricing, providing real-time transparency versus stale valuations.
Institutional Match & Settlement
M2M connects sellers with vetted institutional buyers and delivers T+2 settlement with professional custody.
Your Control Over the Process
M2M provides the infrastructure—you maintain complete authority over every aspect of your investor liquidity program.
Complete Control Framework
You maintain authority over five critical dimensions:
Participation Control
Decide exactly which investors and shareholders are eligible—by class, vintage, or individual approval.
Timing & Volume Control
Set liquidity windows, define maximum transaction volumes, and pace liquidity to match your strategic timeline.
Buyer Approval
Review and approve all buyers before transactions complete. Control who joins your cap table.
Information Governance
Control exactly what company information buyers receive—protecting sensitive data while attracting quality capital.
Fundraising Messaging
Use established liquidity programs as proof points in investor presentations for new funding rounds.
Why This Matters
No Premature Pressure
Provide liquidity without forcing IPO timelines or accepting unwanted investors.
Cap Table Integrity
SPV structure keeps your cap table clean while enabling fractional liquidity for stakeholders.
Strategic Flexibility
Adjust program parameters as your company evolves—M2M infrastructure adapts to your needs.
Transparent Process
Real-time visibility into program activity, transaction status, and participant engagement.
Market Forces Make This a Strategic Imperative, Not a Nice-to-Have
War For Talent
Top engineers command $300K+ packages at public companies with liquid equity.
Your illiquid RSUs are losing talent to competitors who’ve solved the liquidity problem.
First movers in your sector are already retaining key employees 40% longer.
Extended Time to Exit
The median time to IPO is now 12+ years.
That’s not 1-2 tender offers—it’s 3-5+ liquidity events minimum.
At $200K-$500K each, you’re looking at $1M+ in hard costs alone, plus hundreds of hours from your finance team.
Institutional Pressure
Your VCs face LP distribution pressure. Early employees are exercising options at expiration. Board members need portfolio rebalancing.
These aren’t problems that go away—they compound with every quarter you delay providing efficient liquidity solutions.
Operating Efficiency
Every tender offer consumes 200+ hours of finance team bandwidth: valuation work, legal coordination, shareholder communications, transaction management.
M2M’s infrastructure handles this continuously with 90% less internal resource drain.
Fundraising Advantage
Prospective investors value companies with established liquidity infrastructure.
Signal operational maturity and stakeholder-friendly governance in funding conversations.
Differentiate your company with exit flexibility that sophisticated capital increasingly expects.
The question isn’t whether to provide liquidity. The question is whether you’ll do it efficiently or expensively.
SEE Your True Market Value
See how mVal values your company daily versus your last funding round.
Track your company plus 4 competitors FREE!
Implementation
Timeline: 4 weeks
Most programs launch within one month
- ▸Current cap table information
- ▸Legal approval for SPV structure
- ▸Stakeholder communications plan
- ▸Definition of eligibility criteria and transaction parameters
What Happens Next
1. 30-Minute Discovery Call
We learn about your liquidity challenges, stakeholder needs, and timeline requirements. No pressure, no sales pitch—just a clear conversation about whether M2M fits your situation.
2. Custom ROI Analysis
We build a specific cost comparison for your company: traditional tender offers vs. M2M infrastructure over your pre-IPO timeline. See exactly how much you’ll save.
3. Pilot Program Design
We design a tailored pilot program with defined eligibility, timing, and approval workflows. You maintain full control while we handle the infrastructure and institutional matching.
Each liquidity round without M2M costs $125K-$150K+ in unnecessary fees and lost time, plus increased risk of losing key talent and strained investor relationships.