Summary:
Nasdaq Private Market launches Tape D® Data
Why It Matters:
The competitor is moving beyond just being a marketplace. They are now selling high-end financial data and pricing tools to help investors value private companies.
What Changed:
- Added a dedicated section for Tape D® Private Company Financial Data.
- Introduced a free trial offer for premium data access.
- Added "Tape D Daily Price" which uses algorithms to estimate private company values.
- Launched new data features including bid/offer history, 409A valuation tracking, and mutual fund marks.
- Added "Waterfall Analysis" tools to help users calculate potential exit payouts.
- Expanded the company directory with firmographic data for over 4,000 private businesses.