Is buying and selling short-positions in private companies next? This fintech startup is banking on it – TechCrunch
Is buying and selling short positions in pre-IPO stock next? This fintech startup is banking on it Even the most sanguine industry observer has to be stunned at times by the pace of dealmaking right now. Not quite halfway through 2021, startups are routinely closing new rounds just months apart and sometimes seeing their valuations triple and even quadruple with every new round. Maybe they will all become trillion-dollar companies. It’s more likely, however, that they will not, which is where year-old Caplight comes in. Led by Javier Avalos, a former investment banker who recently spent mor...