Betterfront CEO Michel Geolier had the pleasure to speak with Eleanor Warnock, Deputy Director at Sifted, for the article about the state of European fund secondaries. She mentioned the recent launch of the company’s secondary marketplace.
“To quote one great GP in Europe: ‘Why would anybody sell my great fund?’,” says Michel Geolier, cofounder of SaaS platform Betterfront, which this month launched a new marketplace to match buyers and sellers of fund stakes from $100k to $10m. “We still have some work to do to make [VCs] understand it’s not about you, it’s about the LP. I think the US will get there faster.”
You can read the full article here (5min read).
About Betterfront
Betterfront is an investment technology company dedicated to private capital. We provide a SaaS platform for primary fundraisings and a SaaS-enabled marketplace for secondary transactions of private equity and venture capital funds.
More information at: betterfront.io
