Secondary Transaction

Julien Fissette
Published on
October 20, 2023
Last edited on
1
min read
Summary
About Roundtable
Roundtable is Europe's leading infrastructure for private investments, handling all legal and administrative operations so founders, angels, and fund managers can focus on what matters.

Secondary Transaction

In the venture capital ecosystem, a secondary transaction involves the sale of existing shares from one investor to another, rather than the issuance of new shares. This type of transaction allows early investors or employees to liquidate their holdings and can also enable new investors to acquire a stake in a startup without diluting the ownership. However, it may require the consent of the company and could have implications on valuation and control.

{{learn_banner}}