How secondary markets are pricing SpaceX, OpenAI, and Anthropic before they go public

About this episode

Connie Loizos discusses the dynamics of secondary markets for private tech companies with Glen Anderson.

In this episode, Connie Loizos talks with Rainmaker Securities managing director Glen Anderson about the surge in the secondary market as investors race to buy shares in some of tech’s most sought-after private companies. From SpaceX to OpenAI to Anthropic, demand is intensifying ahead of a potentially reopening IPO window. Glen explains how the secondary market really works, why some companies have plenty of buyers but no sellers, and what recent activity reveals about investor sentiment. He also shares why SpaceX has been such an outlier, what’s behind the imbalance between OpenAI and Anthropic, and how institutional investors are navigating this increasingly competitive market. Learn more about your ad choices. Visit megaphone.fm/adchoices

People in this episode

Host: Connie Loizos

Guest: Glen Anderson

Topics covered

• secondary markets
• private companies
• IPO
• investor sentiment
• tech investments

Keywords

• secondary market
• SpaceX
• OpenAI
• Anthropic
• IPO window
• investor sentiment
• tech companies

Mentioned in this episode

Organizations: Rainmaker Securities, SpaceX, OpenAI, Anthropic

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