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Warming public markets are boosting the secondary market for startup shares

Warming public markets are boosting the secondary market for startup shares

a year ago
Anonymous $dkjhICK8vw

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?

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