Nasdaq Private Market

02/12/2025

📢The news is out! The SecondMarketᵀᴹ Liquidity Platform is live and we're open for business.🔔📣📲▶️🚀 Thank you to our friends and partners at Nasdaq for helping us celebrate this exciting milestone at the iconic MarketSite in NYC.🤝

Nasdaq Private Market's groundbreaking, next-generation technology advances private company liquidity programs and the critical trading tools and data sources for investors and employees.

⬆️SecondMarketᵀᴹ Employee Direct empowers private company employees to sell shares for a low, flat 1% commission. Trades are executed via an end-to-end, electronic, self-service platform connected to an active network of institutional buyers. Learn more here: https://www.nasdaqprivatemarket.com/who-we-serve/employees-shareholders/?utm_source=fb&utm_medium=social&utm_campaign=2ndmarket101524

⬆️SecondMarketᵀᴹ Company Workstation streamlines the process of structuring and facilitating private company tenders with powerful new tools and data to structure programs, integrate with cap tables, manage order books, fast-track settlement, and facilitate payments. Learn more here: https://www.nasdaqprivatemarket.com/who-we-serve/private-companies/?utm_source=fb&utm_medium=social&utm_campaign=2ndmarket101524

⬆️SecondMarketᵀᴹ Investor Workstation supports professional investors with advanced online trading tools, intuitive IOI and watchlist submission, instant portfolio upload, actionable data, real-time negotiations, and settlement simplifying the transfer of shares and funds for a low, flat 1% commission. Learn more here: https://www.nasdaqprivatemarket.com/who-we-serve/investors/?utm_source=fb&utm_medium=social&utm_campaign=2ndmarket101524

⬆️Embedded proprietary Tape Dᵀᴹ Data offers private share price estimates, reported trade levels, historic bids and offers, primary round history, 409A valuations, mutual fund marks, cap table analytics, waterfall analysis, and more. Learn more here: https://www.nasdaqprivatemarket.com/product/tape-d-financial-data-products/?utm_source=fb&utm_medium=social&utm_campaign=2ndmarket101524

02/10/2025

SecondMarket™ Employee Direct - 🆓 Free to Sign Up.💸1% Fee for Employees to Sell Shares.

SecondMarket™ is a game changer for private company employees. Access transparent data. Determine value of your shares. Post shares directly into our market to sell. Transfer shares and funds efficiently.🚀

Preserve more of your equity value. Leverage a platform always aligned with your employer's equity trading rules.

Get Started Here: https://www.nasdaqprivatemarket.com/who-we-serve/employees-shareholders/?utm_source=fb&utm_medium=paid_social&utm_campaign=us_tier_one

02/07/2025

Today, Nasdaq Private Market Unveils SecondMarketᵀᴹ Employee Direct Streamlining Private Company Share Ex*****on with a Low 1% Commission.

SecondMarketᵀᴹ Employee Direct supports company-approved shareholders when they sell their hard-earned equity. More than 200,000 eligible private company employees and investors have previously leveraged NPM to execute their shares within company-sponsored tenders. Now, employees can come to SecondMarketᵀᴹ Employee Direct to execute shares for a low 1% fee per transaction. Within the platform, private company employees:

- Easily upload and verify private share holdings.
- Research and estimate the value of shares with powerful data aggregated from multiple public sources.
- Anonymously negotiate orders with buyers, then electronically match and accept bids.
- Seamlessly secure company approval as well as transfer and settle shares between buyers and sellers.
- Streamline transfer of funds directly to personal banking or wealth accounts.
- Receive required tax documentation for end-of-year reporting.

Commenting on the announcement, Tom Callahan, CEO of Nasdaq Private Market, said:
“Private company employees are the heroes of innovation in today’s global economy. NPM believes they should be celebrated and rewarded, especially at the critical times in their lives when raising liquidity is a priority. SecondMarketᵀᴹ Employee Direct brings cutting-edge technology and data to the opaque, obscure world of private share trading with a low, flat, fair 1% fee. You worked hard to earn your equity. Shouldn’t you keep more of it?”

🔦 View the full press release here: https://www.nasdaqprivatemarket.com/nasdaq-private-market-unveils-secondmarket-employee-direct/?utm_source=fb&utm_medium=social&utm_campaign=pr-employeedir

💻📲To access the platform, sign up or log in here: https://fe.secondmarket.com/preplatform/employee?utm_source=fb&utm_medium=social&utm_campaign=pr-employeedir

02/04/2025

The secondary market for private company stock has emerged as an economically vital ecosystem for millions of U.S. private company employees and institutional investors. As the private market swells in size, private company employees rely on these markets to sell their shares to generate liquidity that funds important life events such as buying houses, paying tuitions, and investing in new businesses. Given their rapid growth, the private markets may be the future of the capital markets.

The SecondMarket Liquidity Platform by Nasdaq Private Market is therefore crucial in providing the necessary infrastructure and transparency to power this rapid growth and increasingly critical need. Learn more about how we are bridging the gap in the private market for employees, investors, and companies in this article featured in VentureBeat here: https://venturebeat.com/business/nasdaq-private-market-on-the-emerging-importance-of-the-secondary-market-for-private-company-stock/

To access SecondMarket for employees and other shareholders, click here: https://fe.secondmarket.com/preplatform/employee?utm_source=fb&utm_medium=social&utm_campaign=venturebeat

Contributor Content The secondary market for private company stock has emerged as an economically vital ecosystem for millions of U.S. private company employees and institutional investors. A steady and dramatic trend of the past 20 years is that companies are waiting longer to IPO, from roughly fiv...

02/01/2025

📢Nasdaq Private Market Launches Tape Dᵀᴹ Premier Private Market Data and Market Intelligence Platform - Read the press release here: https://www.nasdaqprivatemarket.com/nasdaq-private-market-launches-tape-d-premier-private-market-data-and-market-intelligence-platform/

Tape Dᵀᴹ sources actionable data for investors to make smarter trading decisions. It arms investors with comprehensive venture-backed startup, unicorn, and other pre-IPO company data to empower them to make more strategic investment decisions. Data in the platform is aggregated from multiple public sources and NPM’s data contribution network.

Tom Callahan, Chief Executive Officer, Nasdaq Private Market commenting on the announcement, said: “We are thrilled to launch Tape D to help clients access valuable but hard-to-source data on many of the most disruptive private companies in the world. As the private market continues to grow, the platform will help issuers and investors gain a more comprehensive picture of valuations and trends in this dynamic, $3.5 trillion dollar asset class. Tape D is an important evolution in our mission to bring fairness, transparency and integrity to the private markets.”

Platform features include:
📈 Pricing: Offers proprietary pricing data on over 2,000 private companies, including more than 8,000 historical orders, enabling investors to understand where companies are trading relative to their last primary financing round and enhancing their ability to make informed trading decisions.
📊Cap Table + Waterfall Analysis: Delivers over 1.7 million deal terms extracted from regulatory documents and constructs detailed capital structures based on source documents. This gives investors unparalleled insights into share class differentiation and potential exit outcomes.
🔎Source Documents: Provides a comprehensive library of state and federal regulatory filings, offering nearly 200,000 pages of essential documentation needed for thorough due diligence, reducing risk, and building confidence in investment decisions.

Commenting on the launch, Marc Perkins, CFA, Head of Data and Financial Products, Nasdaq Private Market, said: "Tape D brings much-needed clarity to private markets, empowering investors to make confident, informed decisions. This transparency is key to driving a more efficient and dynamic market."

Learn more about Tape D, here: https://www.nasdaqprivatemarket.com/product/tape-d-financial-data-products/?utm_source=linkedin&utm_medium=social&utm_campaign=tapedpost

01/29/2025

Today, Pulley and Nasdaq Private Market launch a new platform integration for direct access to liquidity for private companies. This technology solution will revolutionize how private companies address the critical topic of liquidity for their employees and shareholders. Pulley is the first cap table management system to provide this service to their clients via NPM’s Cap Table Connect product. Read more in the press release here: https://www.nasdaqprivatemarket.com/pulley-partnership-press-release/?utm_source=fb&utm_medium=social&utm_campaign=pulleypressrelease

Grant Oladipo, Chief Operating Officer and Co-Founder of Pulley, said:
"At Pulley, we are dedicated to empowering private companies with robust liquidity solutions. This partnership with NPM enhances our capabilities, allowing us to offer a seamless end-to-end liquidity platform that integrates directly with our cap table management solutions."

Eric Folkemer, Co-Founder, President, and Chief Operating Officer of Nasdaq Private Market, said:
"We are excited to collaborate with Pulley to improve access to liquidity opportunities for private companies. Together, we will empower private companies to navigate their challenges with liquidity, offering them integrated solutions that are designed for their specific stage of growth - all while safeguarding their data."

NPM services some of the world’s most innovative private companies with liquidity needs for employees and institutional investors. The company has executed more than $55 billion in transactional value across 750 company-sponsored liquidity programs.

Pulley is a leading provider of cap table management solutions, dedicated to simplifying equity management for private companies. Pulley’s platform offers powerful tools for tracking equity, managing investor relations, and facilitating liquidity events.

Learn more about the Nasdaq Private Market and Pulley partnership here: https://www.nasdaqprivatemarket.com/pulley-partnership/?utm_source=fb&utm_medium=social&utm_campaign=pulleypressrelease

01/24/2025

Thrilled to share "An Open Letter to Millions of U.S. Private Company Employees" from Tom Callahan, Chief Executive Officer, Nasdaq Private Market:

The letter explores how the private market really works from an insider’s perspective so employee shareholders can avoid common missteps. Check out Tom's "5 Tips for Selling Private Shares" to help make your experience selling in the secondary, private share marketplace a good one.✅🏆

Available here: https://www.nasdaqprivatemarket.com/ceo-open-letter-to-employees/?utm_source=fb&utm_medium=social

Ready to sell your company-approved employee shares? Want to check out the market value of your equity holdings? Interested in transacting for a low 1% commission fee on our platform? We're ready when you are! Learn more and sign up for SecondMarketᵀᴹ Employee Direct here:
https://www.nasdaqprivatemarket.com/who-we-serve/employees-shareholders/?utm_source=fb&utm_medium=social&utm_campaign=ceo-emp-letter

As the CEO of one of the largest private market secondary trading platforms, I’d like to let you in on a secret about today’s private share marketplace. If you are a private company employee that needs or wants to sell shares in today’s market, you’ll quickly discover that the odds are seemi...

01/21/2025

Nasdaq Private Market was proud to sponsor the DLA Piper VC Open in New York last week. Thank you to the DLA Piper team for including us in your inaugural event. Congratulations to tournament champions Discovery Capital Management LLC, and to our very own Dylan Falvey for securing the win for the longest drive contest. ⛳

01/18/2025

Sending messages of hope and strength this October🌸💝💌!

Thank you to everyone who joined us for our Breast Cancer Awareness Month community service project. Team members wrote letters of encouragement to patients in treatment at the Cooperman Barnabas Medical Center through their Comfort Project 360 organization and to Hope Kit recipients through the National Breast Cancer Foundation, Inc.

01/15/2025

Today, the average private company waits nearly 10-12 years before going public. As private companies remain private for longer, employees may have an increasingly urgent need to sell their shares, which are typically given to them as part of their compensation package.

Nasdaq Private Market empowers employees with the ability to unlock the value of their equity through a trading marketplace SecondMarket that connects shareholders with buyers of private company stock. With the launch of the SecondMarket, self-service, electronic trading platform, NPM aims to simplify and streamline this process for employees, addressing the complexities of trading private stock, while adhering to private company policies.

With a decade of experience working with institutional buyers and private companies directly, the NPM team is now focused on bringing this full-service platform to private company employees. However, private companies will always be important participants in the market since they approve each trade executed on the platform. This is a key feature of the private market ecosystem and gives companies insight and oversight over the trading activity.

Learn more in this article featured in USA TODAY recently here: https://www.usatoday.com/story/special/contributor-content/2024/08/20/nasdaq-private-market-why-employees-are-increasingly-selling-private-stock-ahead-of-traditional-exit/74877725007/

To access the NPM SecondMarket Trading Marketplace, click here: https://fe.secondmarket.com/preplatform/employee?utm_source=fb&utm_medium=orgsocial&utm_campaign=usatoday

Nasdaq Private Market (NPM), however, empowers employees with the ability to unlock the value of their equity through a trading marketplace, SecondMarketTM that connects shareholders with buyers of private company stock.