There are signs that it is going to be a hot secondary summer

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By Webdesk

One of the The main reason we’re not yet seeing a meaningful recovery in late-stage deal activity is the lack of consensus on how startups should be valued. Nobody wants to pay the prices of 2021, but estimating what startups are worth now is not easy.

However, there are signs that people are coming to terms.

Last week, Forge Global, a privately held securities marketplace, released data showing that the average difference between what secondary sellers wanted to sell for and what buyers wanted to buy shares for – known as the bid/ask spread – had narrowed to 17%. This is the lowest percentage in a year, showing that buyers and sellers are starting to get on the same wavelength when it comes to price.

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