NASDAQ (NDAQ) Explores Offering Private IPOs for Startup Stakes - Bloomberg
- Nasdaq Inc.’s private market subsidiary is seeking to offer companies the option of holding "private IPOs" - allowing VC and PE firms more options to realize the value in their portfolios.
- Nasdaq Private Market is having conversations with several large VC and private equity firms about providing them with opportunities to divest stakes in portfolio companies at regular intervals.
- Nasdaq is eyeing the first such deals in the second half of 2024, but no concrete plans have been made yet.