Salto X’s Post

By organising secondary sales, private tech companies can indicate to their employees and investors that their share options have an actual, monetisable value. Just think about it: if, as an employee, you’d know that you’ll have an opportunity to turn some of your stock options into money, you’d be more driven to contribute to the company’s success. Read the full interview, via the link below. https://lnkd.in/dxBCuz-F

It's been very, very quiet on the IPO front in European tech the past two years... The value of IPOs at VC-backed tech companies in the region fell from a high of $94bn in 2021 to just $11bn in 2022, according to Atomico’s State of European Tech report. Putting aside chip giant Arm’s outlying $55bn Nasdaq listing last September, 2023 saw just $15bn worth of IPOs. But we're beginning to hear IPO chatter among Europe’s tech elite again — and while a number of listing candidates tell Sifted that the market still isn’t right, many say they’re beginning to get their ducks in a row. So which European scaleups may have a public listing in their sights? I looked into Dealroom data, cross-referenced with public statements of intent and reached out for comments to pull together a shortlist. The list is a pretty broad church, and includes names across climate tech and fintech to HR tech and transport. Think we've missed anyone out? Get in touch (kai@sifted.eu) and let me know. https://lnkd.in/eZjaQsYb

In the 15 years we’ve been in business, I’ve noticed a pattern: We always go through predictable cycles. A bunch of competitors appear out of the blue, Margins begin to drop, Everyone loses money, And businesses go bust. Only the best companies survive these cycles. So now, in 2024, there are fewer players than ever before, But the competition is tougher - because the companies that survived these cycles grew into major players in the industry. Over the years, I’ve seen a lot of the big guys go under. Even though I still see Basatne as a small family startup, We managed to put some of our key competitors out of business because we kept stepping up our game. We moved operations to Dallas which resulted in significant business growth. We incorporated robotics and AI into operations to increase efficiency and competitiveness. And we prioritized solid relationships with vendors and brands to stay relevant. In business, as in life, adaptability and connections are key. It’s how you stay ahead and keep your top position. #CircularEconomy #ConsumerElectronics #Business

It was great talking with @Pitchbook to discuss the tech IPO market. Investors are still rewarding growth over profitability and many are ready for new opportunities. https://lnkd.in/g9PdS-aF

At D.B. Group we connect businesses, ideas, people, and opportunities across the globe. As we navigate through this ever-changing world, we believe in the importance of thinking globally. So, whether you're a small startup with big dreams or a global enterprise shaping industries, remember that together, we're not just moving goods; we're moving the world forward. #dbgroup #wesupplychange #freightforwarding

The secondary market is projected to reach $65 billion this year, a 40% increase over last year, according to Sacra. With startups opting to mature before going public, a broader spectrum of investors is showing interest in acquiring their stock. This trend has led to the emergence of new online platforms facilitating matches between sellers and buyers of startup stock. Given the prolonged period that companies are staying private, the departure of major players like Carta, significant growth, and a history of disorderliness, there's ample space for disruption and innovation within the secondary market. #fintech #secondarymarket https://lnkd.in/gRkB4hsz

We are certainly entering a golden era of Hard Tech innovation. Some predictions/trends to watch over the next ~10 years: - IPO/exit markets open up - Time to exit will shorten - Faster paths to revenue - Capital efficiency improves - Big Tech talent shift - More Hard Tech startups - Founder visions widen - VC funding rises - Government funding rises - Regulatory slowly improves - Less reliance on primes Agree/disagree? What would you include that I did not mention?

Let us start the week with a deep dive into charts, numbers, and myth-breaking Vikram Gawande of Blume Ventures combed through the tech companies that IPOed with a market cap of less than Rs 5000 crores to decode how their journeys have been and to answer the big question - Should companies list below one Billion dollar market cap? Some interesting trends emerged: • Profit After Tax and other fundamental metrics have shown robust growth, leading to healthier market caps after listing. • Listing doesn't mean end of fund-raising. In fact, far from it. Listed companies come back to public markets to raise or return capital. • IPO preparation starts much in advance - These companies made their key hires multiple years ahead of the IPO date. If you’re ready to go into the details, click here: https://lnkd.in/g5Mb2Aw9

SO excited to announce our next #MUFGinConversation featuring Hans Tung, Managing Partner of Notable Capital. 🚀 💎 Hans, a 13-time Midas List honoree, shared his incredible journey from a Taiwanese American immigrant to a top-tier venture capitalist. His career spans from banking to witnessing the dot-com boom at Stanford, and eventually leading investments in over 27 #unicorns including Airbnb and Peloton Interactive and several successful #IPOs. As we navigate the dynamic realms of #FinTech and #ECommerce, Hans’ advice to founders is to focus on execution and to leverage the shifting societal trends and technological advancements to build transformative businesses. 💎 1:35 – Hans reflects on his background and varied career journey to date. 💎 5:30 – Investment thesis & pattern recognition 💎 8:15 – All about Founder Market Fit 💎 10:05 – Investments – When to Hold vs. Exit? 💎 11:45 – Current E-commerce trends 💎 15:30 – FinTech sector in the eyes of private and public markets 💎 17 – AI is having a moment, but where are the true opportunities? 💎 21 – 2024 exit market outlook 💎 23 – Top advice for founders  Listen here for the full interview: https://lnkd.in/gduE8raU #AAPIHeritageMonth #VentureCapital #Innovation #ThoughtLeadership #FinTech #Consumer #Midas #GrowthandMiddleMarket