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Nasdaq Private Market on the emerging importance of the secondary market for private company stock
Contributor Content The secondary market for private company stock has emerged as an economically vital ecosystem for millions of U.S. private company employees and institutional investors. A steady and dramatic trend of the past 20 years is that companies are waiting longer to IPO, from roughly five years in 2000 to nearly 12 years today. As a […]
As the secondary market for private company stock grows, trusted platforms like NPM SecondMarket TM can assist counterparties across the ecosystem. Employees, investors, and designated private company equity administration personnel can be left to navigate on their own how to transfer shares and access funds. In parallel, NPM’s advanced trading technology supports employees in navigating the company approval processes, automating each step and thoroughly verifying completion of each required authorization.
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