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.
Ahead of Palantir's direct listing, SharesPost shared data on its transactions with Palantir, conducting $231 million in trades covering a total 38 million shares. SharesPost highlighted how participation in private market trading is about evenly split among institutional investors and accredited individual investors.