Kyle Schell

Company execs often justify prohibitions on secondaries based on concerns about the impact on their 409A valuation. Because the strike price of option grants to employees is priced at the 409A valuation, some executives are obsessed with keeping it low. They believe that they

Employees and early-stage funds seem to decreasingly be waiting for natural exits, as these traditional liquidity events have become less frequent. We’re seeing this trend reflected directly in Hiive marketplace data. Read the full report on our website. See disclosures in the

Hiive brings a strategic approach to shareholder liquidity, offering valuable insights and expertly managing transactions from start to finish.

Several prominent tech companies are eyeing potential IPOs in 2025. Scroll to learn more about @Klarna, @cerebras, @Chime, @CoreWeave and @databricks.

We're excited to announce that Sarah Huggins, our Co-Founder, COO, and GC, has been recognized by Parity in this year's Top 100 Women in FinTech report. This honor highlights Sarah's leadership and dedication to driving innovation in the industry. Congratulations, Sarah!

The mechanisms of the private market have long been considered a black box. The founders of Hiive recognized that technology could unlock its potential and bring transparency to issuers, investors, and sellers. Find out how they did it.

This marks an important milestone in Hiive's mission to unlock the value of the private market. We are now closing over $100 million in transaction volume per month. Congratulations and thank you to everyone who helped make this possible.

The Hiive50 index is a broad indicator of the direction and momentum in the pre-IPO market, bringing even greater transparency to startup investing. Welcome to a new era of liquidity. hiive.info/4cSYPeK #Hiive50 #PreIPO #VC

A trading platform allows certain investors to buy and sell shares of pre-IPO unicorns. @SimDesai, CEO and Founder of @Hiive_HQ joins @KellyCNBC to discuss trends in the space.

New charts launched: You can now dive deeper into our 2,500 open orders in the private markets to see things like different transaction types, share types and a smattering of all our market activity. Check them out and see what insights you can find!

Dear venture capitalists: You're blowing it axios.com/2024/04/24/ven…

@RealistNoReally @PelosiTracker_ Check out @Hiive_HQ, there’s no fees buy shares

@PelosiTracker_ Yes you do. Check Forge Global and EquityZen. You can buy privately held shares from employees and former employees etc. I’ve used them a few times (it can take a while close a deal).

BREAKING 🚨: Nancy Pelosi just bought $5M of the AI company Databricks Unfortunately, Databricks is a privately held company and not available to be bought by the public Sorry people, you don’t have access to this one.

What’s one thing that all of the most actively traded unicorns have in common?

📈

RT @SimDesai: Why are many private company boards trying to stop employees from selling the stock they earned after years of loyalty and de…

It’s been 10 years since the original unicorn analysis (when we accidentally coined the term)🦄 So, our @CowboyVC team dug into new data. The tech industry has changed a TON! ✨ From 39 to 532 unicorns ✨ Pendulum swung HARD from consumer to enterprise ✨ Business types, founder backgrounds & geos changed a lot BUT 🥺 Unicorns became way less capital-efficient 🥺 93% are ‘papercorns’ & 60% are ‘ZIRPicorns” despite many fragile unicorns right now, we see many healthy ones too And with AI, we expect 1,400+ capital-efficient unicorns by 2033, which will make tech even bigger and more important🌟 It’s a long read (sorry!) but pls check it out - would love feedback. What resonated, what did we miss? 🙏 🙏 🙏 Full post 👉 bit.ly/3Sn9Flv

Thinking of joining a startup and getting valuable stock options as part of your compensation package? THINK AGAIN. You might know that those stock options will "vest" over time, typically four years. The idea is that you earn your way into ownership of these options and that

Do most venture-backed private companies ban secondary share sales by their employees and investors? The short answer is no According to Hiive data for the full year of 2023, issuers (the companies) approved 54% of the direct transfer requests we submitted to them, and they or

In the last few months, I have seen the demonization of founder secondaries. This is BS. Responsible and proportional founder secondary sales aligns incentives of founders and VCs effectively. It can totally change downside protection mindset and enable truly going long.

@wbhub @henrysward @Hiive_HQ

@henrysward Now that Carta is no longer in the space, what do you think is the best tech platform for secondaries?

Today we decided to exit our secondaries business and focus on founders. There should be no perceived conflicts of interest, founders will always come first at Carta. link.medium.com/I1lc7zhUcGb