There are signs that it will be a hot middle school summer

One of the The main reason we are yet to see a meaningful recovery in late-stage trading activity is the lack of consensus on how to value startups. No one wants to bid for 2021, but assessing the value of startups today isn’t easy.

However, there are signs that people are coming to an agreement.

Last week, Forge Global, a private equity exchange, release data that shows that the average difference between what secondary sellers want to sell and what buyers want to buy the stock – also known as the bid/ask spread – has fallen to 17%. This is the lowest percentage in a year, showing that buyers and sellers are starting to agree on price.

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