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Richard Brekka
Managing Partner and Co-Founder of Second Alpha, a secondaries investing firm providing liquidity to shareholders of private tech companies.
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Oct 22, 2024
• 24min
Explosive Growth of the Secondaries Market with Richard Brekka
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Richard Brekka, the Managing Partner and Co-Founder of Second Alpha, sheds light on the booming secondaries market in tech. He discusses how his firm enhances liquidity for private tech shareholders and connects the rise of secondary funds to the trend of companies remaining private longer. Brekka reveals that 90% of transactions involve unicorns and emphasizes the enormous opportunity in mid-valued firms. He also shares insights on common investment mistakes and the vital need for timely value realization.
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