Pre-IPO secondary trading lets existing shareholders — usually early employees, founders, or early-round investors — sell vested shares to accredited investors before the company goes public. It’s the same basic idea as any marketplace: a seller lists shares at an asking price, a buyer bids, and a match settles at an agreed price.
What’s different from public markets is the absence of a centralized price feed. There’s no ticker, no exchange tape — the price comes entirely from the platform’s own order book, informed by the company’s last priced funding round and whatever bids and asks are currently live.
On P2P Shares, every match carries a flat, transparent fee on both sides, a short hold period before funds move, and a wire deadline to keep the process honest. No hidden spreads, no broker markup — just two parties agreeing on a price.
Investing in private securities is speculative, illiquid, and involves the risk of loss. Nothing here is an offer of securities.