We are pleased to announce the results of SharesPost’s second annual private tech investor sentiment survey. Predictions from our 2016 year-end survey were—unsurprisingly—mixed. We accurately predicted more IPOs, rising private company valuations, and a continued public market rally. However, results were mixed for specific sector-related and market-cap-related investor preferences.
For our second annual survey, we received more than 750 survey responses from accredited individual and institutional investors. Survey participants represented a wide range of private and public market investment styles. Although such surveys admittedly contain a degree of sampling bias, the results dovetailed with our 2016 year-end and 2017 mid-year survey results. In short, investors continue to be bullish about private tech investments in 2018.
Key highlights from the survey include:
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Investing in private company securities is not suitable for all investors. An investment in private company securities is highly speculative and involves a high degree of risk. It should only be considered as a long-term investment. You must be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid and there is no guarantee that a market will develop for such securities. Each investment also carries its own specific risks and you should complete your own independent due diligence regarding the investment, including obtaining additional information about the company, opinions, financial projections and legal or other investment advice.
Accordingly, investing in private company securities is appropriate only for those investors who can tolerate a high degree of risk and do not require a liquid investment.
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Copyright © SharesPost, Inc. 2019. All rights reserved.
Copyright © SharesPost, Inc. 2019. All rights reserved.