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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – Why Do Investors Want Secondaries
Description: Why Do Investors Want Secondaries Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Secondaries stands for secondary sales which refers to selling privately held stock in startups to other buyers. Investors buy secondaries instead of waiting for the next fundraise round. By buying now rather than later the investor can lock in a lower valuation. Investors in secondaries provide liquidity to other investors who trade off some portion of the valuation for that liquidity. Investors in secondaries buy into proven startups and are not at risk to go...