NASDAQ Private Market conducted $737 million in secondary transactions so far this year, up 35% from the first half of 2016. The firm worked with 19 venture-backed private companies, a 58% jump in the number of companies one year ago. “The first half of 2017 was the busiest period to date for private company liquidity programs conducted on the NASDAQ Private Market platform,” the report released yesterday said. “Private companies are competing with public companies where employees can sell their restricted stock units as soon as they vest,” says Ryan Logue, chief operating officer at NASDAQ Private Market. “In cases of private companies, let’s say you work at a company that’s valuated at $4 billion.

Source: Forbes July 19, 2017 11:15 UTC