TechCrunch reports that the median price For company secondaries is at a 31% Discount coming up from a 46% discount Just 7 months ago secondary's Market has Heated up recently with industry Ventures new $ 1.45 billion fund raised In September stepstone raising a $3.3 Billion secondary fund to focus just on Venture and blackstone's rumored Secondary fund that expected to top its Previous fund which was a whopping $23.5 Billion Tom youed spend a lot in in the Midstage and later stage Venture series B and series C what are you seeing from Evaluation standpoint today the chart You have of secondaries is I think Pretty representative of what's Happening in primaries as well we've Seen a really strong rebound but in a Healthy way like everybody's very Cognizant of the public multiples that People are getting now so I think on Average things are rationalizing it Feels pretty normal to me
