This week on StrictlyVC Download, TechCrunch’s editor in chief, Connie Loizos, and StrictlyVC’s Alex Gove are joined by return guest Hans Swildens. Hans is the founder and CEO of Industry Ventures, a firm known for its pioneering role in the venture secondary market. With stakes in over 700 venture funds and years of experience in the secondaries market, he knows a lot about what VCs are thinking in terms of venture’s current liquidity problem.
In this episode, Swildens breaks down the evolution and current landscape of secondary markets, including LP-led and GP-led secondaries, continuation funds, and why they’re becoming a lifeline for aging venture portfolios. He also offers a rare look at the liquidity crunch hitting the industry, the impact of tech buyouts, and how firms are now staffing up just to manage and manufacture exits.
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