Pre-IPO 101

Companies are staying private longer, and a lot of value now accrues before a company ever lists. Track 1 explains what that market actually is and what it means to hold a position in it.

Ideal for
Retail accredited investors
Lessons
12
Watch time
~50–60 min

Lessons

What is the pre-IPO market?

The pre-IPO market explained: what it is, how it works, and why more of a company’s growth might happen while they remain private.

Primary vs. Secondary: The Two Ways Capital Enters a Private Company

Primary vs. secondary market transactions explained: where your money goes, what shares you receive, and why that one difference shapes every private-market deal.

How You Get Access: The Five Ways to Invest in Pre-IPO Companies

Direct ownership, SPVs, private funds, registered funds, and listed vehicles, the five pre-IPO investment vehicles compared, and how to tell which one a deal page is offering.

What You're Actually Buying in a Pre-IPO Deal

Common stock, preferred stock, or an SPV interest: the share class and structure behind a private-market deal determine what you're paid at exit. Confirm it before you commit.

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