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In this case, it seems like your best bet is to consult with a lawyer.

Have you tried asking the company to arrange a sale with a current investor that's interested in investing more?

Yes. They won't allow it because they don't want existing employees to cash out and stop working hard (or quit)...

A decent private company that's doing well would be smart to periodically offer stockholders a tender offer, just so that they can enjoy some liquidity before they keel over. When companies do that, there's usually a restriction that prevents selling more than, say 10% of one's holdings.

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