Our top-5:
In April 2024, Canva completed a record-breaking US$1.5 billion secondary share sale, one of the largest in global startup history. This event gave Canva a valuation of $26 billion, down from its peak of $40 billion in 2021.
Revolut is preparing for a substantial secondary share sale worth approximately $500 million (£394 million), which could value the company at more than $40 billion, surpassing its $33 billion valuation from a 2021 fundraising.
Also in April 2024, Stripe completed a significant secondary share sale with a $694 million tender offer, valuing the company at $65 billion—a 30% increase from its $50 billion valuation in March 2023.
In late 2023, a tender offer valued OpenAI at $86 billion, making it one of the world's most valuable startups at the time.
But wait! SpaceX has just announced a planned secondary market share sale that will value the company at around $210 billion.