Peter Thiel backed Palantir and Asana which pursued direct listings, the former with the help of Forge. Kelly was cited by reporter, Ari Levy, on Palantir's market and how it had market-based pricing for years.
Ahead of Palantir's direct listing, SharesPost shared data on its transactions with Palantir, conducting $231 million in trades covering a total 38 million shares. SharesPost highlighted how participation in private market trading is about evenly split among institutional investors and accredited individual investors.
Kelly Rodriques is profiled by the San Francisco Business Times, discussing Forge acquiring one his company’s largest rivals, what it takes to succeed in the COVID-19 environment and how his leadership has shifted along with the transition to remote work.
After the market froze due to the pandemic, equities quickly turned higher in June of 2020 leading to more IPO activity. Kelly discusses the IPO market boom with Ben Winck, "I think you're going to see a jam and a lot of companies try to make a move,"he said
Forge announces the acquisition of SharesPost for $160 million, explaining its vision for the joint company in continuing to use data and insights to revolutionize the private markets.
Forge welcomes interest from the media and is committed to bringing greater transparency to the private market. However, Forge facilitates offerings and transactions in unregistered securities for private companies and their shareholders. These transactions are subject to complex securities laws and regulations impacting public disclosure of related details. Additionally, Forge’s commitment to confidentiality for both issuers and clients prohibits disclosure of particular transactions. Accordingly, Forge’s policy is to not comment on, confirm or deny any pending or potential transaction.