The Venture Capital Podcast with Fexingo · 2026-07-23 · 9 min
When a16z raised $7.2 billion in early 2026, a big chunk went to its secondary-market fund. This episode explains why VCs are increasingly buying and selling startup stakes on secondary markets - from Forge Global to CartaX - and how the liquidity crunch of 2025 cracked open a new asset class. Lucas and Luna walk through the numbers: how secondary volumes hit $18 billion in H1 2026, why late-stage founders are selling, and what it means for limited partners who want liquidity before an IPO. If you're building a startup or investing in one, the secondary market is becoming the new normal - and it's changing how the whole venture industry thinks about exits. #VentureCapital #SecondaryMarkets #StartupLiquidity #VCInvesting #a16z #ForgeGlobal #CartaX #PrivateMarkets #StartupExits #IPOAlternative #LateStageStartups #TechInvesting #Business #Technology #FexingoBusiness #BusinessPodcast #StartupFinance #Liquidity Keep every episode free: buymeacoffee.com/fexingo
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