Forge announces the acquisition of SharesPost for $160 million, explaining its vision for the joint company in continuing to use data and insights to revolutionize the private markets.
Forge announces the acquisition of SharesPost for $160 million, explaining its vision for the joint company in continuing to use data and insights to revolutionize the private markets.
Kelly discusses how Forge has seen a 25% spike in selling activity at the start of COVID-19, creating a greater imbalance of buyers and sellers than he’s seen at any time in the past four years. He notes that overall demand is muted, though there has been a big spike in buyer interest for the “stay at home” sector, including delivery services, remote work tools, online digital gaming, and news.
Kelly discusses the IPO landscape and future of the markets with Bloomberg hosts.
Kelly appeared on Cheddar to explain his predictions and outlook for the 2020 IPO pipeline.