500 Global reposted this
In 2013, 500 Global invested in an energetic, scrappy team from NYC with big dreams to build a marketplace for private company shares and help employees unlock liquidity - that team was EquityZen. As part of Batch 7 of our Flagship Accelerator, they spent long hours in the 500 office building, iterating, talking to customers. Fast forward 12 years: EquityZen has grown to > 800,000 users and completed over 50,000 transactions in nearly 500 private companies. 🚀 This week, EquityZen announced an agreement to be acquired by Morgan Stanley! Hear CEO and Co-Founder Atish Davda talk about the acquisition in this interview: https://lnkd.in/gAnPsxnp From the very beginning, EquityZen's vision was to bring private markets to the public and make wealth creation accessible to more people. With this partnership, they will now reach more investors and shareholders than ever before. People often ask me what qualities matter most for founders to succeed. It's a topic that’s been coming up a lot lately with other VCs too. (Spikiness!) Yes sure be spiky. But IMO the qualities that ultimately prevail are pure, unrelenting grit and resilience. Congrats Atish Davda Phil Haslett & Shriram Bhashyam on this incredible milestone. I'm so proud of what you've achieved, but 1000x prouder of your infinite grit and never giving up. You've come a long way since the Batch of Nemo and this photo from 222 Broadway. 🩵 🌎