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Pricing unicorn secondaries a smoke-and-mirrors game

STARTUPS

Pricing unicorn secondaries a smoke-and-mirrors game

3 -min read
Listen to this article
3 -min read
Listen to this article

Singapore

OPACITY is the name of the game in the private markets, and perhaps more so when it comes to unicorn secondaries. There is no standard price discovery mechanism for these deals, so buyers and sellers rely on publicly-disclosed valuations as a gauge.

Secondaries of super-...

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