Hiive

🌟 Exciting news! 🌟 We are thrilled to share that Hiive has been named a Top Startup 2024 by LinkedIn! 🎉 This recognition reflects the incredible ambition, dedication, and innovation of our entire team. Over the past year, we’ve grown exponentially—pushing boundaries, solving complex challenges, and building something truly special. With relentless curiosity and visionary leadership (more to come on our founders’ stories very soon…), we’re only just beginning our journey. Sound interesting to you? Check out our Careers page and open job listings right here on LinkedIn, and join us in our mission to unlock the value of the private market. Thank you to everyone who’s been part of this! Onward and upward 🚀 #LinkedInTopStartups #HiiveIsLive #TopStartup #TeamHiive #FinTech

The IPO market continues to attract attention as more companies prepare for potential public listings. Swipe to learn more about Circle, Netskope, eToro, SKIMS, and Wiz. 𝘍𝘰𝘳 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘱𝘶𝘳𝘱𝘰𝘴𝘦𝘴 𝘰𝘯𝘭𝘺. 𝘛𝘩𝘪𝘴 𝘪𝘴 𝘯𝘰𝘵 𝘢𝘯 𝘰𝘧𝘧𝘦𝘳 𝘵𝘰 𝘣𝘶𝘺 𝘰𝘳 𝘴𝘦𝘭𝘭 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴. 𝘐𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯 𝘧𝘳𝘰𝘮 𝘴𝘰𝘶𝘳𝘤𝘦𝘴 𝘯𝘰𝘵 𝘷𝘦𝘳𝘪𝘧𝘪𝘦𝘥 𝘣𝘺 𝘏𝘪𝘪𝘷𝘦. 𝘕𝘰 𝘨𝘶𝘢𝘳𝘢𝘯𝘵𝘦𝘦 𝘰𝘧 𝘐𝘗𝘖𝘴.

UNICORN WATCH Here is the top startup and venture capital funding news from this week: Databricks is raising up to $7 billion at a $61 billion valuation, making it one of the largest-ever U.S. tech private financings. Backed by Kleiner Perkins, Founders Fund, Lightspeed, and Thrive Capital, the funding will support employee liquidity and growth. https://lnkd.in/gK9Hg6hB Archer Aviation raised $430 million to launch its Archer Defense program. The company is partnering with Anduril Industries to develop hybrid VTOL aircraft for defense applications. Production will occur at Archer’s Georgia plant, with prototypes expected by 2025. https://lnkd.in/gistrupq Dimension Capital closed an oversubscribed $500 million second fund, surpassing its $400 million target. Founded in 2022, the firm focuses on biotech and biopharma infrastructure companies at all stages of growth. https://lnkd.in/gPbhCaJ6 Crusoe raised $600 million in a Series D round, valuing the AI infrastructure provider at $2.8 billion. Led by Founders Fund, the round included investors like Fidelity Investments, Mubadala, NVIDIA, and Ribbit Capital. The funding will support the expansion of Crusoe’s data centers and cloud infrastructure. https://lnkd.in/g6BCE-9S Ayar Labs reached unicorn status after its recent $155 million Series D round, which valued the company at over $1 billion. The company was founded in 2015 and has raised $370 million to date. https://lnkd.in/gbbvEr4f 𝘛𝘩𝘪𝘴 𝘪𝘴 𝘯𝘰𝘵 𝘢 𝘳𝘦𝘤𝘰𝘮𝘮𝘦𝘯𝘥𝘢𝘵𝘪𝘰𝘯 𝘰𝘳 𝘰𝘧𝘧𝘦𝘳 𝘵𝘰 𝘣𝘶𝘺 𝘰𝘳 𝘴𝘦𝘭𝘭 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴, 𝘢𝘯𝘥 𝘪𝘴 𝘯𝘰𝘵 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵 𝘢𝘥𝘷𝘪𝘤𝘦. 𝘛𝘩𝘦 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯 𝘸𝘪𝘵𝘩𝘪𝘯 𝘵𝘩𝘪𝘴 𝘱𝘰𝘴𝘵, 𝘪𝘯𝘤𝘭𝘶𝘥𝘪𝘯𝘨 𝘢𝘯𝘺 𝘷𝘢𝘭𝘶𝘢𝘵𝘪𝘰𝘯𝘴, 𝘪𝘴 𝘧𝘳𝘰𝘮 𝘵𝘩𝘦 𝘱𝘶𝘣𝘭𝘪𝘤 𝘴𝘰𝘶𝘳𝘤𝘦𝘴 𝘭𝘪𝘯𝘬𝘦𝘥 𝘢𝘣𝘰𝘷𝘦.

Historically, employers granted stock options as a form of compensation, with the expectation that their companies would eventually go public—but how are employees affected when the timeline to going public grows longer? What do you think? #liquidity #preipo

UNICORN WATCH Here is the top startup and venture capital funding news from this week: Eon.io, a cloud backup startup founded by former AWS executives, reached a $1.4 billion valuation in a $70 million funding round led by BOND. The company aims to simplify cloud backups and plans to expand its team as it grows its customer base. https://lnkd.in/g6T8yuFA Elon Musk’s company, xAI, is expected to reach a $50 billion valuation with an upcoming $5 billion fundraising round. Investors in Musk's $44 billion Twitter acquisition, who were granted a 25% stake in xAI, could see gains offsetting losses from Twitter’s declining value. https://lnkd.in/gGBRxeAm Tenstorrent raised $693 million in a Series D round led by Samsung Securities and AFW Partners, valuing the company at $2 billion. The funding will drive its development of AI hardware, open-source software, and global expansion. https://lnkd.in/gbacZmtq Databricks is negotiating to raise up to $8 billion in funding, valuing the data analytics company at $55 billion. Most of the funding would come from a secondary share sale, allowing early investors and employees to gain liquidity. https://lnkd.in/gFp9AH2W AI startup /dev/agents, founded by former Google executives, raised $56 million in a seed round led by Index Ventures and CapitalG, valuing the company at $500 million. The company aims to create an operating system to support AI agents, with plans to launch its first product by mid-2025. https://lnkd.in/gHfuSZ8W 𝘛𝘩𝘪𝘴 𝘪𝘴 𝘯𝘰𝘵 𝘢 𝘳𝘦𝘤𝘰𝘮𝘮𝘦𝘯𝘥𝘢𝘵𝘪𝘰𝘯 𝘰𝘳 𝘰𝘧𝘧𝘦𝘳 𝘵𝘰 𝘣𝘶𝘺 𝘰𝘳 𝘴𝘦𝘭𝘭 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴, 𝘢𝘯𝘥 𝘪𝘴 𝘯𝘰𝘵 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵 𝘢𝘥𝘷𝘪𝘤𝘦. 𝘛𝘩𝘦 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯 𝘸𝘪𝘵𝘩𝘪𝘯 𝘵𝘩𝘪𝘴 𝘱𝘰𝘴𝘵, 𝘪𝘯𝘤𝘭𝘶𝘥𝘪𝘯𝘨 𝘢𝘯𝘺 𝘷𝘢𝘭𝘶𝘢𝘵𝘪𝘰𝘯𝘴, 𝘪𝘴 𝘧𝘳𝘰𝘮 𝘵𝘩𝘦 𝘱𝘶𝘣𝘭𝘪𝘤 𝘴𝘰𝘶𝘳𝘤𝘦𝘴 𝘭𝘪𝘯𝘬𝘦𝘥 𝘢𝘣𝘰𝘷𝘦.

Having tradeable stock represents a significant milestone, signifying a company's maturity. #liquidity

Employees and early-stage funds seem to decreasingly be waiting for natural exits as these traditional liquidity events have become less frequent. We’re seeing this trend reflected directly in Hiive marketplace data. Since the beginning of the year, the range of pre-IPO companies listed on Hiive has grown across both the investor and shareholder sides of the marketplace. See disclosures in the first comment. #preipo #secondaries #venturecapital #privatemarkets

The Q4 edition of the Hiive50 shows strong performance among AI, high-tech hardware, and crypto secondaries. The two charts below show a sector-level barometer for the direction and momentum of the pre-IPO market on Hiive, separated into key industry segments. See the full report and disclosures in the first comment. #preipo #secondaries #venturecapital #privatemarkets

Our newly refreshed State of the Private Market for Q4, 2024, is now out! Key takeaways: * Private market has seriously lagged the public market since the end of free money, but this is now changing in 2024 with a modest rebound in secondary market pricing * Liquidity appears to be rising (as measured by a narrowing bid/ask spread and rising transaction volumes) * VCs are increasingly using the secondary market to generate much needed exits * AI, High-Tech Hardware, and Web3/Crypto members of the Hiive50 have seen the highest price appreciation in general. The Hiive platform experienced a surge in activity, including a 132% increase in accepted bids and 76% growth in institutional users over the first three quarters of 2024. Follow the link below to check out the full report! Let us know if this is consistent with what you're seeing! #liquidity

Hiive brings a strategic approach to shareholder liquidity, offering valuable insights and expertly managing transactions from start to finish.