Investors in established tech startups often struggle to find buyers for their stake and exit their investments. The London Technology Club, a network of investors, entrepreneurs, and institutions, is addressing this challenge with the launch of a $250 million fund. The club’s founder and CEO, Konstantin Sidorov, discussed the initiative with Tom Mackenzie on Bloomberg Daybreak: Europe.
The fund aims to capitalize on the growing demand for late-stage tech startup investments. According to Sidorov, this move is a response to the difficulties investors face in exiting their stakes in established tech companies. The London Technology Club’s new fund is designed to provide liquidity for these investors.
This development comes as the tech industry continues to evolve, with investors seeking opportunities to enter or exit investments in established startups. The $250 million fund is poised to play a significant role in this space, providing a new avenue for investors to manage their stakes in tech companies.
