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How Secondaries Impact 409A Valuations

onlycfo.io · 1,504 words · saved by 1 readers

Meet your AI mandate faster. Facing more pressure to accelerate AI’s impact on your finance operations? The CFO’s Guide to AI Strategy is your free roadmap. You’ll get 5 best practices to fast-track AI adoption and turn high expectations into big results. Like “eliminate 60% of manual finance work” big. Get the guide There has been lots of discussion recently about the rise of secondaries and their importance for VCs in 2025 and beyond. The dominance of secondaries for VC exits has exploded in recent years as the IPO markets have essentially been shut and the M&A environment has also been pretty weak. I am going to publish a few posts on the general topic of the changing landscape for VCs, company fundraising, secondaries, etc, but I want to start with an impact of secondaries that most folks don’t talk about. The negative impact of secondaries has personally cost me lots of money…And it may also be costing you lots of money — without you even knowing. Transactions where an existing sh

The Downside of Secondaries How secondary transactions are sneakily costing you lots of money May 05, 2025 25 10 5 Share Spend smarter and move faster with Brex , today’s sponsor. Meet your AI mandate faster. Facing more pressure to accelerate AI’s impact on your finance operations? The CFO’s Guide to AI Strategy is your free roadmap. You’ll get 5 best practices to fast-track AI adoption and turn high expectations into big results. Like “eliminate 60% of manual finance work” big. Get the guide The Rise of Secondaries There has been lots of discussion recently about the rise of secondaries and

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