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Secondary Markets

All articles tagged with #secondary markets

Tech banker offers $4.8M Mill Valley estate to snag Anthropic shares
business1 month ago

Tech banker offers $4.8M Mill Valley estate to snag Anthropic shares

Storm Duncan, founder of Ignatious, is listing his $4.8 million, 13-acre Mill Valley estate to entice Anthropic employees to sell pre-IPO shares on secondary markets, hoping to capitalize on stock illiquidity as Anthropic nears a $1 trillion valuation; while some view it as a publicity stunt, Duncan says the offer is real and aims to give employees a way to diversify, though direct access to Anthropic remains limited for small investors.

Anthropic Surges to a $1 Trillion Valuation on Private Markets
business1 month ago

Anthropic Surges to a $1 Trillion Valuation on Private Markets

Anthropic’s stock is trading around $1 trillion on Forge Global, outpacing OpenAI’s roughly $880 billion private-market valuation, as demand for Anthropic shares remains feverish and supply is scarce. Offers at $1.05–$1.15 trillion circulate, driven by FOMO and momentum from its revenue growth and Claude coding tools. This surge follows a recent funding round valuing Anthropic at about $380 billion, while OpenAI faces weaker demand on the same platform.

OpenAI and SpaceX Thrive Without IPOs, Challenging Young Investors
finance9 months ago

OpenAI and SpaceX Thrive Without IPOs, Challenging Young Investors

Gen Z investors face limited access to high-growth private companies like OpenAI and SpaceX due to their private status and SEC accreditation rules, leading to missed opportunities for early investment gains that previous generations capitalized on through public markets. This has created a sense of FOMO among young investors, who are exploring alternative avenues like secondary markets and ETFs, despite the risks and restrictions, in their quest to participate in the booming private tech sector.