All stories tagged secondary market on VentureGrill.
Harvard Management Company and other elite university endowments are bypassing traditional venture funds to build massive, direct stakes in late-stage private giants.
The SEC has accused a New York financier of defrauding retirees through undisclosed fees on sales of private market shares in high-profile startups like SpaceX, Anduril, Anthropic, and Perplexity.
Lightspeed is raising a $600 million vehicle specifically to consolidate its stakes in OpenAI and Anthropic, signaling a shift toward secondary liquidity for top-tier AI assets.
SpaceX's privately traded shares have surpassed the $135 per share mark, often cited as a notional IPO price, for the first time in several weeks, buoyed by stronger-than-expected second-quarter revenue.
OpenAI has finalized a massive $7 billion tender offer, providing liquidity to employees and early investors while signaling a potential shift in the venture capital recycling landscape ahead of a highly anticipated IPO.
An AI hedge fund's forced liquidation of public assets due to leveraged bets leaves its Anthropic stake as a key remaining holding, potentially signaling future secondary market activity for the high-profile AI startup.