Latest / The Startup Exit Podcast with Fexingo: IPOs, Acquisitions, and Founder Liquidity Events
How Founders Use Pre-Exit Secondary Sales to Lock In Liquidity
Founders often wait for the big IPO or acquisition to access liquidity, but a growing number are using secondary sales before the exit event. In this episode, Lucas and Luna look at how pre-IPO secondary sales work, why they're becoming more common in 2026, and what founders need to watch out for—valuation, dilution, and board dynamics. They use the recent pullback in mega-cap tech stocks as a backdrop, noting that even strong companies like Amazon are down 5.6% over the past five days, which makes early liquidity more attractive. The hosts walk through a hypothetical founder who sells…
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