Quid's Josh Berman on providing financings against private stock, "trapped liquidity" at funds, and his learnings from co-founding Myspace.
ventureunlocked.substack.com
Listen now | Episode 92 Follow me @samirkaji for my thoughts on the venture market, with a focus on the continued evolution of the VC landscape.This week we are joined by Josh Berman, Co-Founder and Managing Partner of private lending firm Quid, an active funding platform that provides liquidity to shareholders of top private companies. Quid has raised $420M across two funds.Josh has been in technology for over two decades, co-founding MySpace in 2003, after which he went on to start BeachMint before moving to the investing side and starting both Troy Capital Partners in 2016 and private sharing financing company Quid in 2018.During the show, we talked about the difference between secondary selling and borrowing, the issue of trapped liquidity at funds, and the learning he took away from his Myspace experience.
Quid's Josh Berman on providing financings against private stock, "trapped liquidity" at funds, and his learnings from co-founding Myspace.
Quid's Josh Berman on providing financings…
Quid's Josh Berman on providing financings against private stock, "trapped liquidity" at funds, and his learnings from co-founding Myspace.
Listen now | Episode 92 Follow me @samirkaji for my thoughts on the venture market, with a focus on the continued evolution of the VC landscape.This week we are joined by Josh Berman, Co-Founder and Managing Partner of private lending firm Quid, an active funding platform that provides liquidity to shareholders of top private companies. Quid has raised $420M across two funds.Josh has been in technology for over two decades, co-founding MySpace in 2003, after which he went on to start BeachMint before moving to the investing side and starting both Troy Capital Partners in 2016 and private sharing financing company Quid in 2018.During the show, we talked about the difference between secondary selling and borrowing, the issue of trapped liquidity at funds, and the learning he took away from his Myspace experience.