Trading Tuesdays is coming to the British equity crowdfunding platform Seedrs.
The site is about to launch a restricted secondary market that will start in phases.
The first phase will permit a weekly market where only investors in particular companies will be able to buy and sell those companies’ stocks on Tuesdays.
And the price will be based on a valuation by Seedrs that will account for additional fundings and other matters, ie, a “fair price.” The fair price will assist the company in offering secondary rounds.
Permitting early backers to get some liquidity after a time will help increase the ability to re-invest in other startups.