Offchain Labs
Offchain Labs develops blockchain infrastructure, including Arbitrum, a leading Ethereum scaling solution, and Prysm, a primary Ethereum consensus client.
Secondary Market Price
How Offchain Labs Measures Up
To help you manage your Offchain Labs equity, Prospect has run the company through our machine learning model.
Prospect Rating
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This rating reflects our belief in this company's potential to grow to that many times its current value in 4 years. For an employee with stock, this rating suggests a potential return on equity, but it also comes with some risk.
Exit Risk
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Our rating is a reflection of the likelihood of this company achieving a liquidity event for its employees based on the quality of investors, funding stage, founders, and more.
Funding Stage
Series B
A company’s funding stage reflects how established it is, how quickly it is scaling, and the average impact an employee may have when joining.
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Prospect Projected Future Offchain Labs Prices
Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for Offchain Labs's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.
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Company Description
Offchain Labs is a software development company focused on scaling the Ethereum network. The company actively contributes to Arbitrum, a leading Layer 2 scaling solution, and Prysm, a consensus client for Ethereum. Its current work involves innovating and enhancing products like Arbitrum Orbit, Stylus, and Arbitrum Nitro. Founded in 2018 by a team from Princeton, Offchain Labs is the original developer of Arbitrum. The company has a background of over eight years in blockchain research and development and acquired Prysmatic Labs in October 2022. A privately held, venture-backed firm, Offchain Labs raised a $100 million Series B funding round in October 2021 and is headquartered in New York, NY, with an additional office in Princeton, NJ.
The company's future plans include the continued development of its Ethereum scaling solutions and expanding the adoption of account abstraction to simplify user experiences for enterprises. This includes a collaboration with ZeroDev on Smart Routing Addresses. Offchain Labs is also engaging with the institutional digital assets industry, with its leadership team participating in events such as the Digital Assets Summit in London to discuss institutional adoption and blockchain infrastructure. Recent company announcements indicate active hiring across its engineering, product, finance, and legal teams, as well as community engagement through events like in-person office hours for developers in Tel Aviv.
- Lightspeed Venture Partners
- Polychain Capital
- Pantera Capital
- Alameda Research
- Mark Cuban
- Ribbit Capital
- Redpoint Ventures
- Binance
- Co-Founder, Ed Felten
- Co-Founder, Steven Goldfeder
- Co-Founder, Harry Kalodner
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Offchain Labs worth joining?
Deciding whether to join a pre-IPO company like Offchain Labs requires careful evaluation of your compensation package, particularly the equity component. Tools like Prospect can help you forecast the potential value of your stock options, providing crucial insight for your decision.
What should I do with my Offchain Labs stock?
Managing your Offchain Labs stock requires a personalized strategy that considers your financial goals and tax implications. Platforms like Prospect provide tools to create tax-optimized option exercise strategies to help you maximize the post-tax value of your shares.
Can you sell Offchain Labs stock?
As Offchain Labs is a private company, selling stock is typically possible through secondary markets or company-approved tender offers, though it is more complex than with public stock. Prospect provides tender offer tools and secondary market data to help you navigate these sales in a tax-optimal way.
How can I find the value of my Offchain Labs stock?
The official value of your private stock is determined by a 409A valuation, but this doesn't reflect its potential market value. To forecast what your Offchain Labs equity could be worth, you can use platforms like Prospect, which offer proprietary predictive models.
What is Offchain Labs's equity worth?
The current worth of Offchain Labs's equity is formally set by its 409A valuation, which is used for tax purposes when issuing stock options. To understand its potential future worth, you can use specialized tools like Prospect to project the value based on various growth scenarios.
What is Offchain Labs's stock ticker symbol?
Because Offchain Labs is a private company, it does not have a stock ticker symbol and is not traded on public stock exchanges. Ticker symbols are only assigned to companies after they complete an Initial Public Offering (IPO).
Can I buy or sell Offchain Labs stock?
As an employee, you can often sell vested shares through secondary markets or tender offers, and platforms like Prospect can help optimize these sales for tax purposes. Buying shares, however, is generally restricted to accredited investors participating in specific funding rounds or secondary market transactions.
What is the criteria to buy or invest in Offchain Labs stock?
Investing in a private company like Offchain Labs is typically limited to accredited investors who meet specific income or net worth thresholds defined by financial regulators. These investment opportunities usually occur during formal funding rounds or via specialized secondary market platforms.
