Forge in the News

December 8, 2023

Dud IPO market closes 2023 with a whimper for the second year in a row

Bloomberg recently reported that out of 128 tech unicorns (those with valuations above $1 billion), nearly 90% were estimated to be valued lower in private trades. Citing Forge Global, they noted that about a third had valuations that had dropped below $1 billion, meaning they are no longer even considered unicorns.

December 6, 2023

Roughly a Third of Unicorns See Valuations Shrink, Limiting IPO Prospects

Out of 128 closely held companies that achieved valuations at or above $1 billion as of 2021, nearly 90% were estimated to be valued lower in private trades, according to Forge Global, an alternative trading venue operator. About a third of the startups’ valuations in the group tracked by Forge dropped below $1 billion — the threshold to be considered a unicorn.

August 31, 2023

Arm IPO Is Helping to Revive the Market for Pre-Offer Investing

“One of the big fear-of-missing-out effects is institutional investors afraid the IPO window is going to reopen, and they won’t be in private” companies beforehand, said Forge Global Holdings Inc.Chief Executive Officer Kelly Rodriques. “We’re in that moment now.”

June 25, 2023

There are signs that it will be a hot secondaries summer

Buyers and sellers are coming to a consensus on startup valuations, which is the first step to jump-starting the late-stage market.

June 23, 2023

Forge Global CEO: The private market index is trading up for the first time in two years

Forge Global CEO Kelly Rodriques joins ‘The Exchange’ to discuss growing momentum in the IPO market, secondary markets for investment into private companies, and late-stage private market valuations.

November 23, 2022

How startups can lower their chance of a down round in a downturn

Data from Forge’s November 2022 report indicates that startups that raised earlier in the present downturn wound up collecting fewer down rounds and received better overall pricing than their more reticent brethren.

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