secondaries
Once rivals, secondary market player Forge is acquiring SharesPost in a $160 million cash-and-stock deal
Even amid a pandemic, there’s a race on to create a powerful, global private securities marketplace where private shares are traded as freely as public company shares on the Nasdaq.…
Seasoned secondary players were expecting it. As the markets began to plummet in recent weeks, shareholders who’d turned down earlier offers to buy this or that holding were suddenly curious…
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Brad Feld: what founders need to know about recent changes in VC deal terms
Extra Crunch offers members the opportunity to tune into conference calls led and moderated by the TechCrunch writers you read every day. This week, TechCrunch’s Connie Loizos hopped on the line with prominent investor, entrepreneur, thought leader, and Techstars co-founder Brad Feld to chat about the latest edition of his…
Unity’s private valuation is climbing, but it’s growing unclear whether the company’s leadership is planning to take the 15-year-old gaming powerhouse public anytime soon. The company announced today that is…
Openfinance, the secondary market for trading digital alternative assets, announced it will be opening up trading of third-party digital securities to U.S. Investors, making it the first trading platform to…
Forge, the marketplace for trading private company shares formerly known as Equidate, announced that it will be acquiring custodial trust company IRA Services for a purchase price of $55 million.…
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TechCrunch Conversations: Direct listings
Last April, Spotify surprised Wall Street bankers by choosing to go public through a direct listing process rather than through a traditional IPO. Instead of issuing new shares, the company simply sold existing shares held by insiders, employees and investors directly to the market – bypassing the roadshow process and avoiding…
Tiger Global just invested $18 million in Olo, a low-flying ordering platform for more than 50,000 fast-casual restaurants
Few outside of the food service industry know about Olo, a 13.5-year-old, New York-based mobile and online ordering platform for 250 restaurant chains, from Applebee’s to Cheesecake Factory, from Chipotle…
Longtime Accel partners Philippe Botteri, Sonali De Rycker, Luciana Lixandru and Harry Nelis took the stage at Disrupt Berlin earlier today, and unlike many London-based investors, who have downplayed how…
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week was a blast. Connie and I…
In hot market for secondary shares, one player, Equidate, just locked down $50 million in new funding
Equidate, a 4.5-year-old, San Francisco-based marketplace that makes privately held shares available to accredited investors wanting to buy them, is announcing a whopper of a round this morning: $50 million…
On the heels of Lemonade raising $120 million from Softbank for its new “peer-to-peer” spin on insurance services, another company aimed at disrupting the insurance market is announcing a major…
The number of public companies in the United States is at a 40-year low; that’s good news for EquityZen, a four-year-old, New York-based company that operates a secondary marketplace for…
It’s been happening for months. The value of Uber’s shares has been falling on the secondary market, hammered by a barrage of press attention paid to its real and perceived…
Naval Ravikant hints at future plans for Product Hunt and adding secondary trading to AngelList
Earlier this week, at TechCrunch’s Disrupt event in New York, we sat down with AngelList cofounder and CEO Naval Ravikant to talk primarily about the platform’s new Angel Funds product, wherein…
