Siena Secondary Fund

4 things to consider when selling your startup shares in the secondary market by Rando Rannus, General Partner at Siena Secondary Fund. 👇 Why it matters.👇 With exit timelines stretching to 10-15 years, secondary transactions have become a lifeline for early investors seeking liquidity. Rando Rannus provides essential tips for angel investors considering selling their positions. Key takeaways include the timing of the sale, understanding shareholder agreements, identifying potential buyers, and determining the right price. As secondary transactions become more common, a systematic approach can help investors manage risk and liquidity, ensuring they don't have too many eggs in one basket. This guide helps investors navigate the increasingly lengthy VC landscape. Read the full article on EUVC Insights! 🔽 https://buff.ly/4faUQfy #venturecapital #startupfunding #Europe #EUVCInsights

Congratulations for Starship on their 10 year birthday!

Congratulations StepStone Group for raising the biggest #VC #secondaries fund. It is a clear sign the the time is right and opportunity big enough... https://lnkd.in/dkxE5FEi

Join us for a panel discussion on June 17th in collaboration with Silva Hunt. We'll be joined by Thomas Heyden from systrade and Rando Rannus from the Siena Secondary Fund. Tom comes from finance, and Rando from the startup world, and both will be interesting to learn from. If you're a startup founder, an investor, or an active trader, this event is for you!

Next week during the #estonian #startup flagship conference Latitude59 we are organising again traditional #SienaArtTour for investors and startup enthushiasts who are also true art fans. No of spots are limited - hurry up and register or share with your art lover friend 👨🎨 https://lnkd.in/dZX3AXaj

Good to see that many Latvian scaleups like Printify and Lokalise have embraced the #ESOP #liquidity concept as part of the motivational package for employees. In most of cases in our own #portfolio the counterpart has been (ex)employee by which we help to develop the local #startup #ecosystem further. Hopefully there will be more liquidity events for employees in successful scaleups in coming years... https://lnkd.in/dxUwU3RR

Our GP Rando Rannus will be part of a panel at annual EBAN conference in Tallinn talking about exits and secondaries in the current market...

Another quarter, another #fundraising news from our #portfolio company. Well done TransferGo! https://lnkd.in/etXq-MBW

Glad to see our portfolio company Skeleton Technologies listed as one of the top scaleups from the Baltics by Sifted https://lnkd.in/ehwjbQ6v

The title says it all... https://lnkd.in/daRYMNHm #vc #secondarymarket