Sandhill Markets Review: Features, Pricing, Pros & Cons

From Stonks Private To Sandhill Markets

Sandhill is the new name and with it brings a myriad of changes. What first started as startup a demo day platform, has evolved into the Robinhood of Secondaries. Buy and sell your favorite non-public startups via secondaries.

Secondaries

We first invested in SpaceX through secondaries. A holding company through a holding company through an SPV. Oh, and they took 2% management fees/yr + 30% carry.

Yep, that's the reality of the secondaries market. It's all about who you know, and even knowing the right people doesn't get you in for less than 6-figures and crazy terms at times.

Not to mention, you can't actually sell your shares in these companies, likely until IPO (if it ever even happens).

That's where Sandhill Markets (Formerly: Stonks Private) is changing the paradigm on the secondaries market. They charge you a flat annual fee, and in exchange you get access to dozens of active secondaries.

SpaceX, OpenAI, Stripe, Airtable

I'm talking OpenAI, SpaceX, Stripe, Airtable, you know, those companies!

Not only that, but they also offer some form of liquidity. Join and you can actually buy/sell to others on the platform. So maybe you missed your chance to buy OpenAI shares now, but 6 months from now, what if you could still get in?

It's a super interesting idea, and one that we signed up for to give a shot, as what we did to first invest in SpaceX is, in hindsight, exhausting...

Sandhill Discount

Sandhill does not currently contain a discount as their current business model involves carry and fees like most investment companies. We'll be sure to update here if that changes!