The Dark Market of Private Valuations
Before a company goes public, its valuation is closely guarded. However, employee shares trading on secondary markets like Forge Global or EquityZen often leak pricing trends. Finding this data requires relentless monitoring.
Why Tracking Secondary Markets Works
By the time the S-1 is filed, the smart money has already positioned itself.
- Price Discovery: Track the implied valuation based on secondary block trades.
- News Leaks: Monitor specialized tech journalism for unannounced funding rounds.
Using kAIros for Private Equity
kAIros can monitor the listings on secondary market platforms and private equity news feeds. Set an alert for your target unicorn (e.g., "Stripe" or "SpaceX") to extract any newly listed share price or valuation metric, ensuring you have the data before the broader market.