Warming public markets are boosting the secondary market for startup shares
https://techcrunch.com/2023/06/22/secondary-market-startup-shares/
The late-stage startup market is sorting out how to value startups that had raised capital during the previous venture boom — Tiger Global Management recently resorted to selling individual stakes in its portfolio companies after failing to sell a basket of its stakes.
Frankly, it wasn’t shocking to hear that happening in this climate — when you can buy stakes in startups for cheap, why not pick and choose?