Summary: Nasdaq Private Market launches Tape D® Data

Why It Matters: The platform is shifting its focus from being just a marketplace for trading shares to becoming a primary source for private company pricing data and analytics.

What Changed:

• Replaced the general "Buy + Sell" homepage with a dedicated page for the Tape D® data product.
• Added a new free trial offer for "Premium Access" to company diligence tools.
• Introduced specific data features including 409A valuations, mutual fund marks, and waterfall analysis.
• Removed the long list of specific company valuations (like Stripe and SpaceX) and the "Key Stats" section.
• Added a new section explaining data privacy and anonymization.
• Shifted the target audience focus toward venture capitalists, asset managers, and secondary investors.