Pre-IPO and IPO procedures are critical stages in the development of a company that plans to go public and raise capital. However, despite the common goal of attracting investments, these processes have significant differences that are important for both companies and investors to understand. In this article, I, Sergey Teryoshkin, will explain what Pre-IPO and IPO ...

... "exits." Consolidation of Venture Funds and New Players Interestingly, the growth of the venture market is accompanied by consolidation among investors themselves. The largest venture funds are accumulating a significant portion of the available capital. In the first six months of 2025, only about a dozen top firms raised more than half of all new funds in the industry. For instance, the Founders Fund announced the closure of new funds totaling $4.6 billion—more than double the total raised by dozens of smaller funds combined. This concentration of resources among ...

... projects in Russia and provide tips to help you prepare for launching your own campaign. Crowdfunding has emerged as a popular method for securing funding for startups, social projects, and even cultural events. This approach allows entrepreneurs to raise capital from a large number of investors and interested parties through specialized online platforms. In this article, we will explore the main types of crowdfunding, its advantages and potential risks, and share examples of successful campaigns. What ...

... the first introduction of a company to the stock exchange, while an SPO occurs only after the securities are already in circulation. Depending on the situation, the second offering can involve both the issuance of new shares (additional issuance) to raise capital and the public sale of securities by existing shareholders. An SPO allows a company to expand its shareholder base and attract funding, while investors gain access to purchase shares at a fixed price. In Russia, secondary offerings have been used ...

... high-growth companies in Central and Eastern Europe through hybrid financing. New specialist funds are also emerging in many regions. From corporate accelerators in the Middle East to AI-focused funds in Asia, the global venture community is actively raising capital for the next generation of tech entrepreneurs. These initiatives expand access to funding for startups and demonstrate investors’ belief in the long-term growth of the market. Russia and the CIS: Local Trends Against the Background of a Global ...