Venture capital, explained plainly.
Monthly newsletters, research, and founder resources from the Connetic team.
THE CONNETIC SIGNAL
August 2026
The August 2026 Connetic Signal examines what the pre-IPO secondary pitch is missing, what the data says about advertised markdowns, and how Venture360 is standardizing private-market operations.
The Secondary Market Looks Like a Shortcut. It Isn’t.
Clients are asking about pre-IPO shares. Before you answer, understand the structural risks of secondary market investing, and where a better entry point may be.
Read article
The Discount Mirage: A Markdown Is Not a Bargain
Late-stage secondary trades price at 35%–45% discounts to peak rounds, but over 25% of 2021 unicorns are worth under $1B today. Why advertised discounts often mask structural valuation overhangs.
Read article
Private Market Infrastructure for the Digital Era
While public markets standardized digital trading and custody decades ago, private markets historically developed around manual friction. Venture360 is building the cloud operating layer for fund administration, SPV workflows, and secondary transfers.
Read articleStay connected
Subscribe to The Connetic Signal for monthly fund updates, private market insights, and upcoming events — delivered once a month.