Kelly Rodriques, CEO of Forge, a marketplace for pre-IPO shares, said Coinbase has been very restrictive of employee share sales in the past and just recently started enabling secondary sales.
Kelly Rodriques discusses the public-private markets, direct listings and SPACs during 2020.
Fresh off his completed merger with SharesPost, Forge CEO Kelly Rodriques wants to build a tech-enabled trading juggernaut that attracts market participants with its data and clearing capabilities. With a combined order book of $12B and 1,100 transactions closed in Q3 ‘20, he’s off to a strong start.
Forge CEO Kelly Rodriques shares insights on pre-IPO demand for DoorDash, Roblox, Wish and Airbnb's upcoming public debuts.
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.
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.