Hi CJ, are you familiar with Notice.co. We are the #1 private market data platform and price 1,000+ private companies in real time, publish trades, orders, financings, valuations, mutual fund marks and waterfall exit values, and offer best-in class tools including historical daily values of every share class. Nobody else even attempts to do this, including Carta. We are NOT a marketplace, therefore we have no conflicts of interest with independent brokers and companies that provide us data. Our CEO Founder Tyson Hendricksen is a private market broker and serial tech entrepreneur and would be happy to speak with you on your podcast. Forbes for example relies on Notice data to value the private investment portfolios of the Forbes 400. We are very good at what we do which is providing data and tools that empower investors, and we do not dis-intermediate them and use their data without their consent as you describe others doing. We do help connect investors with brokers using FINRA-compliant messaging, but we take NO FEES OR COMMISSIONS on any trades that occur as a result of those connections. I highly recommend you look into what we are doing. Please contact me at chuck@notice.co if you are interested in learning more.
CJ - nice real-time analysis here as this unfolds. Question for you, can you expand on "And even worse, it could cause an unsolicited domino effect of employees and investors looking to sell at a bad time for the company."
If an early angel wants to sell and get liquid as their may investment may have 10x'd at current prices can you frame why it's a bad time for the company? Is it a negative datapoint if lower than the previous round price that will materially affect fundraising efforts? What's the reasoning?
Hi CJ, are you familiar with Notice.co. We are the #1 private market data platform and price 1,000+ private companies in real time, publish trades, orders, financings, valuations, mutual fund marks and waterfall exit values, and offer best-in class tools including historical daily values of every share class. Nobody else even attempts to do this, including Carta. We are NOT a marketplace, therefore we have no conflicts of interest with independent brokers and companies that provide us data. Our CEO Founder Tyson Hendricksen is a private market broker and serial tech entrepreneur and would be happy to speak with you on your podcast. Forbes for example relies on Notice data to value the private investment portfolios of the Forbes 400. We are very good at what we do which is providing data and tools that empower investors, and we do not dis-intermediate them and use their data without their consent as you describe others doing. We do help connect investors with brokers using FINRA-compliant messaging, but we take NO FEES OR COMMISSIONS on any trades that occur as a result of those connections. I highly recommend you look into what we are doing. Please contact me at chuck@notice.co if you are interested in learning more.
CJ - nice real-time analysis here as this unfolds. Question for you, can you expand on "And even worse, it could cause an unsolicited domino effect of employees and investors looking to sell at a bad time for the company."
If an early angel wants to sell and get liquid as their may investment may have 10x'd at current prices can you frame why it's a bad time for the company? Is it a negative datapoint if lower than the previous round price that will materially affect fundraising efforts? What's the reasoning?