Tag: secondary deals
Posted in Startups
Postman: SaaS star Postman sees 30-40% cut in value in secondary deals
August 5, 2024 Leave a Comment on Postman: SaaS star Postman sees 30-40% cut in value in secondary deals
Postman, the most valued Indian-origin SaaS startup at $5.6 billion, has made secondary deals at a 30-40% discount in recent weeks, said people aware of…
Posted in Startups
Esop: Big LTCG gains for startups staff holding Esop in secondary deals
July 30, 2024 Leave a Comment on Esop: Big LTCG gains for startups staff holding Esop in secondary deals
The reduction in long-term capital gains (LTCG) tax on unlisted securities to 12.5% from 20% could benefit startup staffers holding employee stock option plans (Esop),…
Posted in Startups
VCs looking for partial exits, investors eyeing IPO-bound firms push up secondary deals
March 21, 2024 Leave a Comment on VCs looking for partial exits, investors eyeing IPO-bound firms push up secondary deals
Venture capital investors are increasingly demanding partial exits from late-stage startups as pressure to clock returns increases amid a slump in the technology market. Sizeable…