Sim Desai, founder and CEO of Hive, discusses the creation of a secondary stock market for private companies. He explains the challenges of the current system, where selling private stock options is fragmented and opaque. Hive aims to centralize and automate the secondary market process, providing a platform for buyers and sellers to connect. The target market for Hive ranges from small companies with a post-money valuation of $300-500 million to large companies like SpaceX and OpenAI valued at $100 billion. While Hive is not accessible to retail investors, other providers cater to that market.

Takeaways
Hive is creating a secondary stock market for private companies, addressing the challenges of the current fragmented and opaque system.
The target market for Hive includes small companies with a post-money valuation of $300-500 million to large companies valued at $100 billion.
Hive provides a centralized and automated platform for buyers and sellers to connect, improving transparency and liquidity.
While Hive is not accessible to retail investors, there are other providers that cater to that market.

Find Startup Hustle Everywhere:
https://gigb.co/l/YEh5

This episode is sponsored by Full Scale:
https://fullscale.io/

Find out more about Hiive here:
https://www.hiive.com/

Learn more about Sim Desai here:
https://www.linkedin.com/in/sim-desai-a357aa11/

Sign up for the Startup Hustle newsletter:
https://newsletter.startuphustle.xyz/

Sound Bites
"There seemed to be a real opportunity to centralize and automate the secondary market process."
"The retail investor world is hungering for access to this stuff."
"Hive has about 2000 companies listed on its platform."

Chapters

00:00 Introduction to Hive and the Need for a Secondary Stock Market

06:29 Target Market and Growth of Hive

10:35 Competition and Differentiation of Hive

12:45 Listing Companies on Hive and the Role of the Company in Transactions

21:34 The Future of Private and Public Markets

23:55 Revenue Model and Information Disclosure on Hive

27:33 Potential for Funds on Hive

31:47 The Role of Blockchain in the Secondary Stock Market

35:19 Advice for Marketplace Entrepreneurs

Sim Desai, founder and CEO of Hive, discusses the creation of a secondary stock market for private companies. He explains the challenges of the current system, where selling private stock options is fragmented and opaque. Hive aims to centralize and automate the secondary market process, providing a platform for buyers and sellers to connect. The target market for Hive ranges from small companies with a post-money valuation of $300-500 million to large companies like SpaceX and OpenAI valued at $100 billion. While Hive is not accessible to retail investors, other providers cater to that market.
Takeaways
<ul>
<li>Hive is creating a secondary stock market for private companies, addressing the challenges of the current fragmented and opaque system.</li>
<li>The target market for Hive includes small companies with a post-money valuation of $300-500 million to large companies valued at $100 billion.</li>
<li>Hive provides a centralized and automated platform for buyers and sellers to connect, improving transparency and liquidity.</li>
<li>While Hive is not accessible to retail investors, there are other providers that cater to that market.</li>
</ul>
Find Startup Hustle Everywhere: <a href="https://gigb.co/l/YEh5">https://gigb.co/l/YEh5</a> This episode is sponsored by Full Scale: <a href="https://fullscale.io/">https://fullscale.io/</a> Find out more about Hiive here: <a href="https://www.hiive.com/">https://www.hiive.com/</a> Learn more about Sim Desai here: <a href="https://www.linkedin.com/in/sim-desai-a357aa11/">https://www.linkedin.com/in/sim-desai-a357aa11/</a> Sign up for the Startup Hustle newsletter: <a href="https://newsletter.startuphustle.xyz/">https://newsletter.startuphustle.xyz/</a>
<ul></ul>
Sound Bites
<ul>
<li>"There seemed to be a real opportunity to centralize and automate the secondary market process."</li>
<li>"The retail investor world is hungering for access to this stuff."</li>
<li>"Hive has about 2000 companies listed on its platform."</li>
</ul>
Chapters
00:00 Introduction to Hive and the Need for a Secondary Stock Market
06:29 Target Market and Growth of Hive
10:35 Competition and Differentiation of Hive
12:45 Listing Companies on Hive and the Role of the Company in Transactions
21:34 The Future of Private and Public Markets
23:55 Revenue Model and Information Disclosure on Hive
27:33 Potential for Funds on Hive
31:47 The Role of Blockchain in the Secondary Stock Market
35:19 Advice for Marketplace Entrepreneurs

Startup Hustle is a podcast for entrepreneurs, by entrepreneurs.  With the mission of telling the real story of startups and entrepreneurs, topics range from funding to failure and beyond.  If you want to start, own, or build a business then you're in the right place.   

Startup Hustle is a podcast for entrepreneurs, by entrepreneurs.&nbsp; With the mission of telling the real story of startups and entrepreneurs, topics range from funding to failure and beyond.&nbsp; If you want to start, own, or build a business then you're in the right place.&nbsp; &nbsp;

Startups, Entrepreneurship and Business are Not Easy

Startup Hustle

Startup Hustle is a podcast for entrepreneurs, by entrepreneurs.  With the mission of telling the real story of startups and entrepreneurs, topics range from funding to failure and beyond.  If you want to start, own, or build a business then you're in the right place.

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