Secondaries

More info about what are "Secondaries"

In a private secondary transaction, the seller is the shareholder, not the company. This is not to be confused with a secondary offering in primary markets (they are both referred to as "Secondaries"). The reason the private secondary market exists is because companies are large enough and growing enough to evolve into a state where the market exists naturally. For example, new investors do not receive sufficient supply in the primary financing rounds offered by the company, or none are available. Those investors seek supply in secondary markets. Early investors who have been shareholders for 5-10 years may want liquidity, and this is where those interests cross. Secondary private markets are the matching or crossing of those interests which create liquidity.

Post Growth - Late Stage

Post growth, late stage private companies are attractive targets for investors, as they typically have a proven track record of success. Employees, and early investors would like liquidity in these names, and this is how the secondary market for late stage private companies forms. Venture Capital Cross is active in this market and we have developed an algorithmic process based on firm orders and next steps.

For Shareholders

Do you own shares in late stage, visible private companies with valuations of 500m or greater? Venture Capital Cross can match your shares with a buyer via our network. If you own shares in any private company they may be eligible, please reach out for a free evaluation.

For Investors

Do you have demand for late-stage private companies? We have access to more than 1,000 names of private companies with valuations greater than 500m (Unicorns and Soonicorns), available either via direct share transfer or special purpose vehicle (SPV). Investors must be Accredited.

Private Markets are fragmented into micro segments, which don't always mix well together. Venture Capital Cross (VCC) bridges the gap between the West Coast / VC mentality and the East Coast / PE mentality, providing innovative ways to create liquidity in Private Markets where everyone is happy or "Win Win" transactions. We believe in the ethical value trade, where both sides are winners — employees of mature late-stage companies are happy to get a check, while investors are happy to invest in high-growth companies at this early stage and (usually) receive a decent multiple for taking the risk. This includes activities across Seed Funding and Crowdfunding, Primary Financing Rounds, Private Placements, and Secondary Market Transactions.