Mahi Sall, Advisor, Fintech-Bank Partnerships, Payments and Financial Inclusivity
January 25th, 2023
Matthew Wong| Inc.com staff Oct 18, 2012
AngelList, the crowdsourcing platform for entrepreneurs and accredited investors, has partnered with secondary trading marketplace SecondMarket to allow investments as little as $5,000 in start-up companies with AngelList profiles.
“Our qualified users can now make small investments in featured AngelList start-ups over the SecondMarket platform, and create a diversified portfolio of early-stage investments with only a modest amount of capital,” SecondMarket said in a statement.
The partnership should boost dealflow through AngelList. Through September, more than 1,500 companies have connected with investors through AngelList and raised over $1 billion in funding, according to TechCrunch.
New York-based SecondMarket gained prominence as the biggest private market for buyers and sellers of Facebook shares leading up to its initial public offering.
The new partnership is an additional opportunity for SecondMarket to diversify beyond trading private shares of later-stage companies. Since Facebook’s IPO, SecondMarket has pushed its investors to opportunities including fixed income securities, fine wine and art, Bloomberg News previously reported.
Aishwarya Iyer, a SecondMarket spokeswoman, declined to comment on the partnership, but said additional details will be released in the coming weeks.
January 25th, 2023
June 1st, 2021
September 9th, 2020
July 17th, 2020
August 22nd, 2019
September 26th, 2018
July 9th, 2018
March 19th, 2018
January 3rd, 2018
September 25th, 2017
July 31st, 2017
June 20th, 2017
May 10th, 2017
May 9th, 2017
December 14th, 2016
September 13th, 2016
NCFA Canada
Craig Asano
CEO and Executive Director
casano@ncfacanada.org
ncfacanada.org
Leave a Reply