Latest / Innovation and Private Capital x aulium
How VC Secondary Markets Changed in 10 Years - Thomas Dadashi (Entier Capital)
Ten years ago, telling investors you were doing secondaries in venture-backed tech companies meant explaining what secondaries even were. Today, everyone wants to talk — because everyone has liquidity needs or is considering a transaction.
Thomas Dadashi, founder of eNTIER Capital, walks through the mechanics and market dynamics of secondary investing in late-stage European tech. The conversation covers how secondaries work in practice — buying stakes directly from founders, VCs, or LPs — and why pricing discipline matters more than chasing trophy names at inflated valuations. Dadashi…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.