In October of 2023, some institutions came back to the market, indicated by increased trading volume and average deal size. As indicated in the Caplight graphs below, Pre-IPO price performance continues to rebound and trading volume has picked up since the June bottom, with investors looking to take advantage of discounted secondary opportunities.
The secondary market continues to focus on stalwarts
Investors are primary looking at companies in Data & AI + Fintech and the next class of IPOs