The untold story of how the private market trading frenzy of Facebook stock normalized and catapulted pre-IPO secondaries.
The deal valued the San Francisco-based software company at $2.5 billion, with Accel and 01A participating alongside new investors Salesforce Ventures and S32.
Under the non-binding agreement, O3 may increase its ownership in the social impact investor if certain fund launch and fundraising milestones are met.
Goldman Sachs Alternatives, Wells Fargo, and DocuSign joined the deal, which valued the AI company at $5.2 billion.
The multi-strategy investment firm is reportedly considering a $350-400 million CV for four portfolio companies.
Existing investors Verlinvest and the Mirchandani family have also increased their stakes in the India-based yogurt brand.
Founded in 2000, Saints Capital specializes in venture secondaries with a focus on GP-led transactions.
The alternative asset manager, which has begun the process of listing in India, is reportedly targeting $131 million for the strategy.
In this episode of the 'How I Invest' podcast, Host David Weisburd speaks with Akkadian Ventures' Ben Black about the evolution of venture secondaries and why liquidity is becoming critical.
The single-asset vehicle extends B2B software investor Viking Growth's hold on a recruitment and HR software platform.
