secondaries

Unity, now valued at $6B, raising up to $525M

Unity’s private valuation is climbing, but it’s growing unclear whether the company’s leadership is planning to take the 15-year-old gaming powerhouse public anytime soon. The compan

Openfinance opens up US trading of third-party digital assets

Openfinance, the secondary market for trading digital alternative assets, announced it will be opening up trading of third-party digital securities to U.S. Investors, making it the first trading platf

Forge acquires IRA Services to expand offering for private company shares

Forge, the marketplace for trading private company shares formerly known as Equidate, announced that it will be acquiring custodial trust company IRA Services for a purchase price of $55 million. IRA

TechCrunch Conversations: Direct listings

Last April, Spotify surprised Wall Street bankers by choosing to go public through a direct listing process rather than through a traditional IPO. Instead of issuing new shares, the company simply so

Tiger Global just invested $18 million in Olo, a low-flying ordering platform for more than 50,000 fast-casual restaurants

Few outside of the food service industry know about Olo, a 13.5-year-old, New York-based mobile and online ordering platform for 250 restaurant chains, from Applebee’s to Cheesecake Factory, fro

There’s definitely reason to worry about Brexit, says Accel’s London team

Longtime Accel partners Philippe Botteri, Sonali De Rycker, Luciana Lixandru and Harry Nelis took the stage at Disrupt Berlin earlier today, and unlike many London-based investors, who have downplayed

SoftBank’s debt, Ford buys Spin and Chinese coffee is huge money

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week was a blast. Connie and I were in the studio with our gue

In hot market for secondary shares, one player, Equidate, just locked down $50 million in new funding

Equidate, a 4.5-year-old, San Francisco-based marketplace that makes privately held shares available to accredited investors wanting to buy them, is announcing a whopper of a round this morning: $50 m

Bima raises $97M from Allianz for microinsurance aimed at emerging markets

On the heels of Lemonade raising $120 million from Softbank for its new “peer-to-peer” spin on insurance services, another company aimed at disrupting the insurance market is announcing a

The secondary marketplace EquityZen just landed $3 million in funding

The number of public companies in the United States is at a 40-year low; that's good news for EquityZen, a four-year-old, New York-based company that operates a secondary marketplace for company-appro

As Uber’s value slips on the secondary market, Lyft’s is rising

It's been happening for months. The value of Uber's shares has been falling on the secondary market, hammered by a barrage of press attention paid to its real and perceived misdeeds. Meanwhile, Lyft's

Naval Ravikant hints at future plans for Product Hunt and adding secondary trading to AngelList

Earlier this week, at TechCrunch’s Disrupt event in New York, we sat down with AngelList cofounder and CEO Naval Ravikant to talk primarily about the platform’s new Angel Funds product, w