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How does Sydecar work with marketplaces like AngelList, and could Sydecar's API product potentially serve as an SPV provider to those marketplaces?

Nik Talreja

Co-founder & CEO at Sydecar

My vision for the future of Sydecar is one where we're powering other marketplaces. We're not the marketplace. You can think of Sydecar as almost a NASDAQ for private markets that is basically powering the vehicles to sit on company cap tables. 

In a future state where companies remain private far longer than they do even today, you need a place to create liquidity. In the public markets where you exchange through various brokers, you don't ever exchange interest in the company cap table directly in the public company. However, in future, you may be exchanging hands of interest in a company through a Sydecar vehicle that you don't even know you've actually entered or left. But we're powering a marketplace that you've been a part of.

That would be a vision that if we can actually realize I would feel I've made a mark on a part of the world that I really care about. That's my dream and what I'm building to. It would be a dream come true for me to work with AngelList in that way. I really respect their team among many other teams that we compete with today.

Find this answer in Nik Talreja, CEO of Sydecar, on powering the future of secondary trading
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