Silicon Valley’s Secondary Markets Are Bigger Than Ever
(Bloomberg) -- Secondary transactions involving venture-backed startups are on track to hit a new high this year, as companies like OpenAI, SpaceX and Stripe Inc. organize tender offers to get employees paid, and investors look for ways to offload stakes outside of initial public offerings.Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousTender offers give staffers, former employees and certain investors a way to sell their shares directly to other investors
