by Michael Panzner | Mar 21, 2016 | Angel Investing, VC and P2P, Portfolio Management, Pre-IPO Shares
In theory, the recent rebound in equity markets—especially in technology-related shares, which were major laggards as the year unfolded—should be great news for young companies. As discussed previously (see here and here), valuations, activity and interest in private... by Michael Panzner | Jan 25, 2016 | Angel Investing, VC and P2P, Pre-IPO Shares
An earlier article at Sophisticated Investor argued that the outlook for growth stage private companies, especially the $1 billion-plus technology “unicorns,” was looking shaky. Developments since then suggest the situation has gotten worse. For one thing,... by Michael Panzner | Dec 21, 2015 | Angel Investing, VC and P2P, Pre-IPO Shares
It’s been less than a month since “Pre-IPOs: Square Slips Through a Growing Hole” was published, but there is already plenty more evidence that the best days for the privately-held start-up market are behind it. As CNBC noted, “the unicorn club... by Michael Panzner | Dec 7, 2015 | Angel Investing, VC and P2P, Portfolio Management, Pre-IPO Shares
It’s long been said that IPO market is a leading indicator for the stock market. When demand for initial public offerings is weak, it suggests that investors are not all that interested in equities, and vice versa. Paradoxically, when interest and activity in... by Michael Panzner | Nov 23, 2015 | Angel Investing, VC and P2P, Pre-IPO Shares
Sighs of relief could be heard across Wall Street late last week following Square’s initial public offering, which was priced on Wednesday. After a stream of reports that called into question the valuations assigned to the digital-payments start-up and other... by Gino D'Alessio | Nov 17, 2015 | Pre-IPO Shares
Pre-IPO or Late stage VC investing Pre-IPO stock investments are fundamentally a very late stage VC funding investment. These types of investments offer all of the difficulties of evaluating a private security but are also potentially a gold mine. Being able to invest...
