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MONTHLY NEWSLETTER:  VOLUME 105



PRIME UNICORN INDEX
WHITE PAPERS

Private Equity Secondary Markets Demystified
PRIVATE EQUITY
SECONDARY
MARKET DEMYSTIFIED


In the last several years, the private equity secondary market has transitioned and the debate around liquidity has continued.  Explore different views on the liquidity in the private markets as we study transaction costs and their impact in the secondary markets. 

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PRIME UNICORN INDEX
PERSPECTIVES

ezCater authorized enough shares for a $150 million raise at a valuation of $1.294 billion, if all shares authorized are issued. The catering ordering service is previously backed by Insight Venture Partners, ICONIQ Capital, Wellington Management Company, and Launchpad Venture Group to name a few.  Read More

The RealReal is About to Be Our Next Unicorn

The RealReal authorized enough shares for a $70 million raise at a valuation of $1.06 billion, if all shares authorized are issued. The luxury consignment e-commerce company is previously backed by Great Hill Partners, Sandbridge Capital, PWP Growth Equity, Industry Ventures, Greycroft Partners, and Canaan Partners to name a few.    Read More

Toast Files For $250M Investment

Toast authorized enough shares for a $250 million raise at a valuation of $2.6 billion, if all shares authorized are issued. The all-in-one point-of-sale and restaurant management platform is previously backed by Tiger Global Management LLC, T. Rowe Price Associates, Inc. and Bessemer Venture Partners to name a few.    Read More

Affirm Gets Some Financing of Their Own, to the Tune of $316 million

Affirm authorized enough shares for a $316 million raise at a valuation of $2.45 billion, if all shares authorized are issued. The consumer finance company providing transparent financing solutions is previously backed by The Founders Fund, Spark Capital Partners, Khosla Ventures, Lightspeed Venture Partners and Andreessen Horowitz to name a few.   Read More


Rent The Runway Could Be Our Next Unicorn

Rent The Runway authorized enough shares for a $125 million raise at a valuation of $1 billion, if all shares authorized are issued. The designer rental site is previously backed by Blue Pool Capital, Bain Capital Venture Partners, Highland Capital Partners, TCV, and Kleiner Perkins Caufield & Byers to name a few. Read More

Marqeta authorized enough shares for a $250 million raise at a valuation of $1.87 billion , if all shares authorized are issued. The virtual card company is previously backed by Granite Ventures, Visa, Goldman Sachs and ICONIQ Capital to name a few.  Read More 

Airbnb was founded by Joe Gebbia and Brian Chesky in 2008 with the first booking at their own apartment to make money for rent. Today there are over 6 million Airbnb listings in over 81,000 cities worldwide. Over two million people stay in an Airbnb each night.   Read More



 

PRIME UNICORN INDEX
IN THE NEWS

A New Honda for Almost Nothing? Car Sharing Becomes a Sales Tool

Car-sharing becoming part of value proposition for auto owners

 

Cloudflare’s $150 million funding round puts its IPO plans in question

Does Lyft's IPO 'road show' put it on a collision course with Uber?

 

Follow us on Twitter for the Thursday Report to get weekly updates on changes in Unicorn valuations.  
 

   


FAQ


Can I Invest in the Index?
  • Structured Products are available for Qualified Institutional Buyers to go long or short the Index. Contact us at (646) 429-0949 for more information.

  • Investors who already own shares in the underlying component companies (i.e. VC fund managers, Family Offices, Asset Managers) or who are Limited Partners in the funds that invested into the Index companies, may want to hedge their investments by taking a short position off a derivative product.

  • Wealth Managers, Asset Managers, Private Banks, can get net exposure to the Pre-IPO private companies by taking a long position. Contact your broker to discuss in further detail.
     

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