The B2B Podcast Index
Index
All categories
MarketingSalesSaaSFinanceHROpsLeadershipCustomer SuccessAI & DataProductStartups & FoundersRevOpsEngineering & DevTools
MethodologySubmit
Best of:MarketingSalesSaaSFinanceHROpsLeadershipCustomer SuccessAI & DataProductStartups & FoundersRevOpsEngineering & DevTools
An independent project byFame
SearchBest episodesGuestsInsightsMethodologySubmit a podcast
Index/Startups & Founders/Fireside with a VC
Fireside with a VC artwork

E130: VC Secondaries - ROFRs, SPVs, Fees, and How Not to Get Blocked

Fireside with a VC · 2026-02-24 · 30 min

0:00--:--

Episode notes

In this episode of Fireside with a VC , Andrew Romans explains how VC secondaries really work in large private companies - and how buyers and sellers can avoid common mistakes. We cover: · Secondaries vs. primaries · Stock transfer permissions and why deals get blocked · ROFRs and the ROFR price · Direct to cap table vs. layered SPV structures · How to calculate the all-in cost (with or without carry) · Fake brokers, daisy chains, and wasted time · Liquidity post-investment This episode draws on 20 years of experience , 70 SPVs , and five pooled VC funds . ️ More episodes: Events: Apply: Contact Andrew: andrew@7bc.vc Important: This content is for informational and relationship management purposes only. It is not an offer to sell or a solicitation of an offer to buy any security. Any offering will be made only to eligible investors, through private communications, pursuant to applicable offering documents, and only where permitted by law.

More from Fireside with a VC

All episodes →
  • E132 INFORMATION RIGHTS: The Clause That Saves Founders | Arthur Bavelas + Andrew Romans75 / 100
  • Building the Future of Manufacturing with AI - Insights from Tyson Tuttle (former CEO of $8B acquisition of Austin’s Silicon Labs)
  • E129 - Silicon Valley Real Estate - Selling Google their first building - Barry DiRaimondo, CEO, SteelWave
  • E128 - Biju Ashokan (CEO, Radius): AI-native operating system for real estate brokers
  • E127 AI-native all-in-one CRM | Simo Lemhandez, CEO, Folk on Fireside with a VC
Explore the best B2B Startups & Founders podcasts →
All Fireside with a VC episodes →