Liquid access to secondary markets for accredited investors (formerly known as Stonks Private).
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.
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.
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...
For a short time, you can actually get 33% off the monthly price by using this link. The pricing page should have updated to reflect the pricing change. If not, reach out to support and tell them that Efficient App send you their way and they'll get things sorted!
There is currently no promo code for this app but we are close partners, so if you use the link above to visit the site and then let their team know that Efficient App sent you, you may just get a little something... extra 😉
There is currently no promo code for this app—we'll update it here if that changes in the future!
Save $49/mo for your first year ($588 discount) by using the link above to sign up. LIMITED TIME: Get $1,000 discount by using the link here, 1 spot left: https://sandhillmarkets.com/invite/2RCeoiusbk7VdyiVfYeywMJRcSO-2
Curious how this app compares to others?
Curious what software tech stack their team is actually using internally? Let us know what you'd like to know and we'll figure it out!
Curious what software tech stack their team is actually using internally? We've put together a list (and even tracked the software they used to use)!