Mike Hurst

After the 2022 market reset, venture investors found themselves in a bind: public portfolios shrank, exit timelines stretched and selling fund stakes on the secondary market often meant steep discounts. Turbine Finance is betting there’s a better option. The firm, founded by TTV Capital's @Hurst_Mike and partners, offers margin-style loans to LPs and GPs backed by their venture fund positions, providing liquidity without forcing investors to give up future upside. In a @crunchbasenews Q&A, Hurst explains why secondaries can be costly, why borrowing against fund stakes hasn’t historically worked, and how credit could help bridge the venture industry’s prolonged exit drought. Article link in comments

It's a big day as @Turbine_Finance is emerging from stealth to help VC and PE investors access liquidity on their own timelines. Thank you to @MTemkin and @TechCrunch for telling our story. techcrunch.com/2025/04/04/tur…

Thank you @MTemkin and @TechCrunch for highlighting how Turbine is providing LPs with early access to liquidity while maintaining exposure to existing investments. Check out the article here: techcrunch.com/2025/04/04/tur…

Excited to announce that Flossy has raised a strategic round lead by Forecast Labs (Comcast NBCUniversal). We’ve been growing fast and are excited to expand our reach with the power of TV! prnewswire.com/news-releases/… @ForecastLabs @slow @seanpk @hurst_mike @BCapitalGroup @SeigelSteve

Tomorrow is #EarthDay. Here is an awesome message from a group of amazing @sagaftra members about how direct deposit from @Exactuals @sagaftra and @CityNational is helping to reduce waste and pollution. Thank you @RaphaelSbarge and all involved! youtu.be/UL5Hf-43JcY

Excited to announce our new collaboration with @MetaCometInc that brings PaymentHub & automatic royalty payments to the book publishing industry! Read more here. ow.ly/Yu6F50E0dEs

@LakersSTM With confiscated victory streamers.

We @exactuals are very proud to partner with @sagaftra on this initiative! Nearly $200MM across 1MM Direct Deposits and growing!

@fortyfivan Double digits this year!

Okay, I’ll play. In the 2010s, I had: - 2 birthdays - 6 jobs - 1 wife - 1 child - 3 homes - and sooo many records I look forward to more records.

All evacuation orders have been lifted from the #PalisadesFire. Residents in the impacted area can return home.

Thrilled to be speaking at HITS tomorrow. If you're attending, please join our breakout session at 12:45 PM to learn more about Exactuals! #HITSSpring #HITSSpring19 #HollywoodITSummit @MESAlliance @HITSummit @HITS_List bit.ly/HITSSpring19

Big day for @exactuals, @sagaftra, and actors everywhere! Many thanks to the leadership at SAG-AFTRA for allowing us to play a part in solving the industry’s payment problem!

@fortyfivan Pivot.

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Thank you to @billboard for including me and @exactuals on their "40 Under 40: Music's Top Young Power Players Revealed," article. I am honored, and humbly share credit with @Cmac13, who leads our RAI initiative, and our outstanding team at Exactuals. billboard.com/articles/busin…

@scualumni @Exactuals @CityNational Thank you very much! My SCU degree proved valuable at every turn as did our excellent alumni network.

Congratulations to CEO and co-founder of @Exactuals, @Hurst_Mike ’02, for @CityNational Bank acquiring his company! bit.ly/Hurst02 #SCUproud

Congratulations to @Exactuals - acquired by Citi National Bank. Stanford-@StartX Fund backed! @StanfordGSB alum founder/CEO Mike Hurst! benzinga.com/pressreleases/…

City National Bank buys entertainment payments startup bizjournals.com/losangeles/new… via @LABizJournal

City National acquires payments firm exactuals thr.cm/tMLXoR

City National Acquires Exactuals Artist PaymentHub bit.ly/2Ox87So