Sky Cliff Private Markets

xAI has completed its Series C round, raising $6B at an approximate $50B valuation. In October, we noted that xAI shares were available on the Secondary Market at a $36B valuation: https://lnkd.in/e4Xe694V Musk's machine is firing on all cylinders—congratulations! More about xAI: https://lnkd.in/eG7_gJSv #LateStage #SecondaryMarket #InvestmentRound The Sky Cliff Platform offers a comprehensive portfolio monitoring solution tailored to the Late-Stage Private Equity Market (pre-IPO). We provide independent informational services but do not offer investment or tax advice. Potential investors are encouraged to seek specialized, independent tax and financial guidance before making any alternative investments. Please remember: past performance does not guarantee future results, and all investments involve risks to your capital.

As the year winds down, it’s natural to feel overwhelmed by endless “year in review” analyses and predictions for the road ahead. That’s exactly why I’ve prepared a distilled, data-driven snapshot of key insights from 2024 and the trends set to define 2025—covering everything from late-stage private markets and IPO pipelines to the evolving landscapes of AI, crypto, energy infrastructure, and beyond. Why spend hours sifting through countless reports? We’ve done the legwork so you don’t have to. Consider it a “summary of summaries,” giving you the big picture in a fraction of the time. #IPO2024 #IPO2025 #LateStage #SecondaryMarket #PrivateEquity The Sky Cliff Platform serves as a comprehensive portfolio monitoring solution for the Late-Stage Private Equity Market (pre-IPO), offering independent informational services. Please note that Sky Cliff Professionals does not provide investment or tax advice. Potential investors are advised to seek specialized independent tax and financial advice before investing in any alternative investment. Past performance does not guarantee future returns, and investments involve risks to your capital.

Databricks on the Rise! 🚀 Databricks, the AI and data analytics powerhouse, is nearing the close of a $9.5B funding round, pushing its valuation to an impressive $60B, including a secondary sale for employees. And the price could climb even higher. In fact, it already has—just three weeks ago, the deal was set at $8B and a $55B valuation. 📈 The company, known for its unified platform that simplifies working with massive datasets and building AI models, is projecting 60%+ sales growth, with annualized revenue expected to reach $2.4B. For the fiscal year ending January 31, 2024, Databricks generated $1.6B in revenue. While its net dollar retention as of mid-2024 is below the 150%+ levels seen in 2022, it remains a strong indicator of customer loyalty and upselling. Interestingly, earlier this month, secondary market transactions closed at a $51B valuation—a sharp contrast to today's momentum. Databricks’ rapid growth underscores its growing role as a leader in the AI and data analytics space. It’s an exciting time to watch this space! 🌟 More about Databricks: https://lnkd.in/e-Ahda9J The Sky Cliff Platform serves as a comprehensive portfolio monitoring solution for the Late-Stage Private Equity Market (pre-IPO), offering independent informational services. Please note that Sky Cliff Professionals does not provide investment or tax advice. Potential investors are advised to seek specialized independent tax and financial advice before investing in any alternative investment. Past performance does not guarantee future returns, and investments involve risks to your capital.

Private unicorns are booming, with some companies doubling their value in a year or less. Who’s next? We’re taking a closer look at GrubMarket—one of the fastest-growing food tech players heading toward a public debut. From rapid revenue growth to strategic acquisitions, their story could be setting the stage for a big splash. Check out the exclusive pre-IPO insights. #GrubMarket #preIPO #SecondaryMarket #investments #PortfolioMonitoring #PrivateMarket #Secondaries The Sky Cliff Platform serves as a comprehensive portfolio monitoring solution for the Late-Stage Private Equity Market (pre-IPO), offering independent informational services. Please note that Sky Cliff Professionals does not provide investment or tax advice. Potential investors are advised to seek specialized independent tax and financial advice before investing in any alternative investment. Past performance does not guarantee future returns, and investments involve risks to your capital.

Big moves in the data analytics and AI space! Thrive Capital is reportedly in talks to acquire a $1B stake in Databricks, valuing the company at $55B. 🚀 Databricks continues its impressive trajectory: Secondary market valuations range from $24B to $53B, influenced by deal structures like cap tables or SPVs. The last funding round in September 2023 valued Databricks at $43B. This upcoming transaction isn’t a new funding round but a share sale (tender offer) led by Thrive Capital. With annualised revenue hit $2.4B (a 26% yoy increase). Databricks is solidifying its role as a leader in analytics and AI innovation. Learn more about Databricks financials: https://lnkd.in/eDDfdT5u #Databricks #preIPO #SecondaryMarket #Secondaries #Investments #PortfolioMonitoring The Sky Cliff Platform serves as a comprehensive portfolio monitoring solution for the Late-Stage Private Equity Market (pre-IPO), offering independent informational services. Please note that Sky Cliff Professionals does not provide investment or tax advice. Potential investors are advised to seek specialized independent tax and financial advice before investing in any alternative investment. Past performance does not guarantee future returns, and investments involve risks to your capital.

Elon Musk’s SpaceX plans a tender offer next month, selling shares at $135 each, which could value the company at over $250B. Current secondary market valuation: $222B, influenced by deal structures like cap tables or SPVs. Revenue is projected at $15B in 2024, a 72% YoY increase. Meanwhile, another of Musk’s companies, xAI, is reportedly raising a round at a valuation of $45-50B, up sharply from $24B in April 2024. Musk’s net worth has surged following Donald Trump's reelection, amid speculation of potential benefits for his companies. Track SpaceX secondary market prices with us: https://lnkd.in/eKVj6W_T #SpaceX #ElonMusk #SecondaryMarket #preIPO #Secondaries #Investments The Sky Cliff Platform serves as a comprehensive portfolio monitoring solution for the Late-Stage Private Equity Market (pre-IPO), offering independent informational services. Please note that Sky Cliff Professionals does not provide investment or tax advice. Potential investors are advised to seek specialized independent tax and financial advice before investing in any alternative investment. Past performance does not guarantee future returns, and investments involve risks to your capital.

Klarna has submitted a draft registration statement to the SEC for its upcoming IPO. The number of shares to be offered and the price range have yet to be determined. In the secondary market, Klarna shares have recently traded at a valuation of $11.5–$12 billion, representing a 75% discount from its peak valuation in the 2021 round. Notably, Klarna's revenue has grown significantly since 2021, projected to reach approximately $2.6 billion this year, up from $2.2 billion in 2023 and $1.9 billion in 2021. #Klarna #IPO #SecondaryMarket #preIPO #Secondaries The Sky Cliff Platform serves as a comprehensive portfolio monitoring solution for the Late-Stage Private Equity Market (pre-IPO), offering independent informational services. Please note that Sky Cliff Professionals does not provide investment or tax advice. Potential investors are advised to seek specialized independent tax and financial advice before investing in any alternative investment. Past performance does not guarantee future returns, and investments involve risks to your capital.

We’re closely tracking the ongoing bull rally, and the valuation gap between Kraken and Coinbase raises a big question: is Kraken on the brink of a MAJOR rebound? This unique arbitrage opportunity between private and public markets is a once-in-75-years event—like Halley’s Comet for investors. Dive into our latest materials where we’ve gathered all the key insights and analysis. As always, we’re sharing data and our thoughts, not investment advice! #preIPO #Crypto #Kraken #Coinbase #SecondaryMarket #Unicorns #Arbitrage #PrivateInvestments #InvestmentIdeas

• Bitcoin reached a new all-time high, surpassing $87,000 and at some moments even hitting $89,000. • Bitcoin has outpaced silver with a market capitalization of $1,756 trillion, securing its position as the 8th largest asset globally. • The U.S. Federal Reserve is considering a bill that would allow it to purchase up to 200,000 bitcoins annually over the next five years, aiming to accumulate 1 million bitcoins. This move could help offset a significant portion of the U.S. debt. • Coinbase shares continue to rise, reaching $82 billion, with a 74% increase over the past five days. • The current arbitration concerning the private company Kraken is a once-in-75-years event, comparable to Halley’s Comet, isn’t it? Kraken's secondary market valuation is increasing, but it has so far reached only $3.3 billion. What valuation will Kraken gain in a month? What's your bet? 😎 Kraken prices on the Secondary Market: https://lnkd.in/ey5Tqrvh #Kraken #Coinbase #PrivateMarket #Arbitrage #Secondaries #preIPO #SecondaryMarket #FederalReserve #InvestmentInsights The Sky Cliff Platform serves as a comprehensive portfolio monitoring solution for the Late-Stage Private Equity Market (pre-IPO), offering independent informational services. Please note that Sky Cliff Professionals does not provide investment or tax advice. Potential investors are advised to seek specialized independent tax and financial advice before investing in any alternative investment. Past performance does not guarantee future returns, and investments involve risks to your capital.