Liquidity before the exit: an intro to secondary transactions for VC-backed companies
The illiquidity dilemma One of the key characteristics of early-stage investments is that the share positions held in the ventures are often illiquid until the very end of the journey: the exit. Venture-backed companies lack the centralized infrastructure of exchanges like the NYSE, making it difficult to match demand and supply and facilitate transactions. This …
Liquidity before the exit: an intro to secondary transactions for VC-backed companies Read More »