This means there's a lag time when selling private shares, unlike stocks that can be sold within a millisecond of hitting a button.
AdvertisementFinally, when a company goes public, there's a lock-up period.
Depending on the platform the shares were purchased through, pre-IPO holders may still sell their shares to others within the platform, Endoso said.
One example of a private AI company that recently went public in late March is Astera Labs (ALAB), which was trading near $69 as of Tuesday.
5 early-stage AI companiesAs for forward-looking AI investment opportunities with IPO prospects, Endoso pointed to five promising companies he's excited about.
Persons:
—, scurrying, Russell, It's, Joe Endoso, it's, Endoso, there's, Anthropic, Claude, Elon Musk
Organizations:
Service, Business, Venture, Cambridge Associates, Venture Capital, Securities and Exchange Commission, Astera Labs, Endoso, Bloomberg, Elon, Nvidia