Larry Albukerk originally conceptualized EB Exchange (EBX) while running his second venture-backed company in the mid-1990s. Having gone several years with the majority of his personal assets in highly concentrated, illiquid holdings, he recognized a need for liquidity and diversification among private company entrepreneurs.

In 1999, Larry founded EB Exchange with the goal of solving this problem by allowing founders to pool their pre-IPO stock together in exchange funds. Over the next decade, EBX created and managed five of these funds, representing over 200 entrepreneurs and 100 venture-backed companies. In addition to numerous acquisitions, notable IPO exits from these funds include OpenTable, LifeLock, TriNet, Solazyme, and Wageworks. Though all EBX funds are closed to new investors and no new funds are planned, EBX gained deep experience in matters of founder liquidity and diversification by reviewing hundreds of deals.

Recognizing a new opportunity to provide liquidity, Larry became a registered representative of a broker-dealer in 2009 by obtaining his FINRA Series 7 and 63 registrations. With this professional designation, Larry was now capable of helping entrepreneurs obtain cash for their shares by brokering transactions in the secondary market. Since launching these brokerage services, Larry and his team have completed more than 800 transactions across nearly 100 companies, past deals included Facebook, Airbnb, LinkedIn, Twitter, Dropbox, Lyft, Spotify, Github, Snap, Docusign, Uber, Pinterest and Square to name a few.

With two decades of experience helping founders achieve liquidity and diversification, EBX is well-versed in all of the relevant legal, tax, and strategic considerations. Though we have refined a highly confidential, systematic, and efficient transaction process, we also recognize that every deal is unique, and tailor our approach accordingly. From vetting appropriate investors to capital structure and liquidation analysis to orchestrating the deal process, we actively manage every transaction from start to finish.

Frontier Solutions, LLC. Member: FINRA & SIPC
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