Venture Capital
EquityZen vs. Hiive: Pre-IPO Secondary Markets in 2026
The pre-IPO secondary market hit a consolidation turning point in early 2026: Morgan Stanley closed its acquisition of EquityZen on January 27, 2026 and immediately cut buyer-side fees from 5% to 2.5%
Jeff Barnes, MBA··13 min read
Alternative Investments
Hiive Review 2026: What This Pre-IPO Marketplace Actually Costs
Hiive is a FINRA-registered broker-dealer that runs a live order book for buying and selling shares in pre-IPO companies like SpaceX, Anthropic, and OpenAI. My verdict after digging through its Form...
Jeff Barnes, MBA··11 min read