Search Results for: equityzen

February 27, 2024 @ 1:47 pm By JD Alois  |  

Private securities marketplace EquityZen has issued a report that notes 28% of unicorns are now trading at less than $1 billion. These former unicorns have been impacted by the overall decline in markets as well as a stumbling economy, which has impacted valuations and access… Read More

January 2, 2024 @ 10:16 am By JD Alois  |  

Initial public offerings (IPOs) were pretty moribund in 2023. According to EY, global IPO volumes drooped by 8% in 2023, with proceeds down by 33% compared with 2022. The global IPO market ended in 2023 with 1,298 offerings, which raised $123.2 billion. Compare this to… Read More

August 16, 2023 @ 12:12 pm By JD Alois  |  

EquityZen is celebrating ten years of operation. EquityZen is a marketplace for private securities. EquityZen is not a primary issuance platform but provides liquidity for shares in private firms – frequently from employees that have been granted shares in companies that are not listed on… Read More

June 18, 2023 @ 7:09 pm By JD Alois  |  

Initial public offerings have hit the pause button in the past months – at least until recently. Last week, CAVA (NYSE:CAVA), a Mediterranean restaurant concept, successfully floated shares on the NYSE, seeing the shares rocket on the first day of trading. The strong showing in… Read More

May 31, 2023 @ 4:57 pm By JD Alois  |  

EquityZen, a secondary marketplace for private securities, has distributed a post t0utuing the secondary market for private securities during a slow period of primary issuance and funding rounds. Of course, this is to the benefit of EquityZen as it is what the company provides, but… Read More

May 29, 2023 @ 2:03 pm By JD Alois  |  

EquityZen is out with another note reiterating its expectation that the initial public offering (IPO) market will pick up toward the end of the year. Currently, IPOs during Q1 of 2023 were pretty tame, with just 33 IPOs on US exchanges. According to EY, the… Read More

May 4, 2023 @ 11:27 am By JD Alois  |  

Phil Haslett, co-founder and Chief Strategy officer at EquityZen, believes that the ongoing bank crisis could be a catalyst for the initial public offering (IPO) market in 2023. So this may be a bit of a stretch, but Haslett sees the collapse of Silicon Valley… Read More

April 10, 2023 @ 10:40 am By JD Alois  |  

The demise of Silicon Valley Bank (SVB) left a big hole in the early-stage/private firm ecosystem. SVB was a favorite bank of VCs and hence the companies they invested in.  The failure of SVBs has exacerbated the already challenging funding environment for private firms that… Read More

January 19, 2023 @ 4:44 pm By JD Alois  |  

EquityZen founder and Chief Strategy Officer Phil Haslett is seeing a pick up in the secondary market, which can be seen as a precursor to traditional IPOs, according to an email from the firm. EquityZen is a top secondary trading platform for private securities. Since its… Read More

December 1, 2022 @ 11:57 pm By JD Alois  |  

Atish Davda, CEO and founder of EquityZen, a secondary market for private securities, says now is the time for people to invest in private firms. While public markets have tanked since the beginning of the year, experiencing exceptional volatility in recent months, and private markets… Read More

October 7, 2021 @ 11:21 am By JD Alois  |  

EquityZen, a marketplace for private firms that caters to accredited and institutional-focused investors, has closed on its 7th Growth Opportunity Fund. The Fund will invest in 15 to 20 later-stage private firms allowing investors to gain a diversified portfolio of promising younger companies. Since 2013,… Read More

June 16, 2020 @ 3:36 pm By JD Alois  |  

EquityZen, a secondary marketplace for private securities, has received a nice recognition from the World Economic Forum (WEF), according to a note from the firm. The WEF has selected EquityZen as a company in the list of the 100 of the most promising Technology Pioneers… Read More

May 19, 2020 @ 2:58 pm By JD Alois  |  

EquityZen is broadening pre-IPO access to RIAs and Family Offices through a new partnership with Addepar, according to a note from the company. Addepar is a Wealthtech management platform that specializes in data aggregation, analytics, and performance reporting. Currently, $1.7 trillion in assets are tracked… Read More

February 26, 2019 @ 11:21 am By Samantha Hurst  |  

EquityZen, a New York-based fintech firm that operates a secondary marketplace, announced on Tuesday it has formed a partnership, partnered with Hightower as an inaugural member of its Private Liquidity Network (PLN). According to EquityZen, Hightower’s PLN offers advisers a unique tool to support clients holding private company… Read More

July 2, 2018 @ 9:15 am By JD Alois  |  

EquityZen, a secondary market for private securities and fund platform, recently posted an update on platform performance. The results are interesting. First of all, investing in any early stage firm is a risky endeavor. Many, if not most, early stage companies fail or meander along…. Read More

December 11, 2017 @ 11:00 am By Erin Hobey  |  

EquityZen, a New York-based Fintech firm that operates a secondary marketplace for company-approved transactions in pre-IPO stock, has a mission: to improve the way startup employees are paid by unlocking the value of their equity compensation in a way that benefits all key players, including the… Read More

July 18, 2017 @ 9:02 am By Samantha Hurst  |  

EquityZen, a New York-based fintech firm that operates a secondary marketplace for company-approved transactions in pre-IPO stock announced on Tuesday it secured $6.5 million during its latest financing round, which was led by Draper Associates. According to the company, the latest financing deal comes as private… Read More

April 15, 2016 @ 4:52 pm By JD Alois  |  

EquityZen is a platform that seeks to provide liquidity in private company securities. This is one company that has benefited from the plunging decline in early stage IPOs. Founders Atish Davda, Shriram Bhashyam, and Phil Haslett created the company with a single ambition: to redesign… Read More

April 20, 2021 @ 10:49 am By Samantha Hurst  |  

  Alto Solutions, Inc. (Alto), a U.S.-based self-directed IRA platform making it easier for individuals to access and invest in alternative assets using their retirement funds, announced on Tuesday it raised $17 million through its Series A funding round, which was led by Unusual Ventures,… Read More

September 24, 2020 @ 12:32 pm By JD Alois  |  

AltoIRA has partnered with leading crowdfunding platform Republic to enable IRA investors to hold securities sold via Republic. According to AltoIRA, Republic’s members may now invest in privately-held startups using their IRAs. AltoIRA allows individuals to set up an IRA to invest in alternative assets… Read More