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The rise of retail investors in secondaries, and why delayed IPOs will become the norm

Retail investors are increasingly shaping the secondary market. In Q4 2024, platforms like EquityZen reported () that 86% of total transaction volume came from retail participants—an eye-catching shift as tools like Forge and EquityZen promise broader access to private shares. But does more access mean more opportunity, or more risk? Today on Equity () ,…

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Retail investors are increasingly shaping the secondary market. In Q4 2024, platforms like EquityZen reported () that 86% of total transaction volume came from retail participants—an eye-catching shift as tools like Forge and EquityZen promise broader access to private shares.

But does more access mean more opportunity, or more risk? Today on Equity () , Rebecca Bellan is joined by Jared Carmel () of Manhattan Venture Partners to dig into what he calls a “once-in-a-generation opportunity” in secondaries, and why he sees this market as a “pressure relief valve” that could keep startups private well past their startup years.

Listen to the full episode to hear more about:

Why a sluggish IPO market is pushing more action into secondaries

How this creates a flywheel for venture capital

And why Jared thinks robust secondary markets will delay (or eliminate) the need for IPOs altogether

Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday. 

Subscribe to us on Apple Podcasts () , Overcast () , Spotify () and all the casts. You also can follow Equity on X () and Threads () , at @EquityPod. For the full episode transcript, for those who prefer reading over listening, check out our full archive of episodes here () .

Credits: Equity is produced by Theresa Loconsolo with editing by Kell. We’d also like to thank TechCrunch’s audience development team. Thank you so much for listening, and we’ll talk to you next time.

Learn more about your ad choices. Visit megaphone.fm/adchoices ()

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CNET

Qualcomm Snapdragon Summit 2026: Everything Announced in 15 Minutes

Qualcomm announces it most powerful Snapdragon 8 Elite Extreme Gen 6 chip built for aganetic ai computing on mobile phones. See all the highlights and announcements from the annual Snapdragon Summit 2026. Read more about the Snapdragon Summit 2026 on CNET.com: Qualcomm’s New Chips Power AI and 8K Video for Top Android Phones — and…

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Qualcomm announces it most powerful Snapdragon 8 Elite Extreme Gen 6 chip built for aganetic ai computing on mobile phones. See all the highlights and announcements from the annual Snapdragon Summit 2026.

Read more about the Snapdragon Summit 2026 on CNET.com:
Qualcomm’s New Chips Power AI and 8K Video for Top Android Phones — and They’re Coming Soon

Timecode Chapters:
0:00 Introduction & The Age of Agentic AI
02:34 Introducing Snapdragon 8 Elite & Extreme Gen 6
03:33 Xiaomi 18 Pro Series Announcement
05:08 Qualcomm Oryon CPU & Flex Cache Architecture
06:13 Sensing Hub & Personal Scribe Context
07:38 Hexagon NPU & Agentic AI Acceleration
09:26 AI ISP Architecture & Intelligent Pixel Control
10:53 Adreno Neural Fusion & Mobile Gaming Tech
12:05 Sanctuary Unreal Engine 5 Real-Time Demo
13:08 Motorola Signature 27 First Look

Video Credits:
Video Editor: Stephen Beacham
Thumbnail Designer: Stephen Beacham

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#qualcomm #qualcommsnapdragon #snapdragon #supercut #mobile #mobilegaming #gaming #ai #agenticai

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CNET

Beats 360 Review: Finally, Totally New Headphones from Beats

The brand’s latest headphones feature an IPX4 water-resistant design and swappable earcup and headband cushions, along with impressive sound, strong noise canceling and top-notch voice-calling performance. Are they worth $350? CNET’s audio expert, David Carnoy, gives you the full skinny on what may be Beats’ best headphones to date, though they are missing a couple…

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The brand’s latest headphones feature an IPX4 water-resistant design and swappable earcup and headband cushions, along with impressive sound, strong noise canceling and top-notch voice-calling performance. Are they worth $350? CNET’s audio expert, David Carnoy, gives you the full skinny on what may be Beats’ best headphones to date, though they are missing a couple of features found on other premium ANC headphones.

You can find the products mentioned in this video linked below
Beats 360 — Over-Ear Headphones
*CNET may get a commission on these offers

Read more about Beats 360 on CNET.com
Beats 360 Headphones Review: Best-Performing Beats Yet, and They’re Modular

0:00 Introduction
0:19 Sports Focus & IPX4 Rating
1:13 Swappable Cushions & Customization
2:03 Fit, Comfort & Build Quality
3:16 Tech Specs & Ecosystem Features
4:49 Sound Quality & Performance
5:56 Active Noise Cancellation & Transparency
7:00 Mic Quality & Call Performance
7:40 Final Verdict & Pricing

Video Credits:
Host: David Carnoy
Scripted by: David Carnoy
Producer: Numi Prasarn
Camera: Numi Prasarn
Video Editor: JD Christison
Thumbnail Designer: Cole Kan

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#Beats360 #BeatsByDre #HeadphoneReview #CNET #TechReview #NoiseCancelling #AirPodsMaxAlternative #wirelessheadphones

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CNET

iPhone 18 Pro Max Case Try-On

Dress to Impress but make it iPhone 18 Pro Max ✨ Bridget Carey tries on a few of Apple’s official cases (plus some extras.) #unboxing #onemorething #iphone18promax #iphonecase #apple Camera: Tara Brown Video Editor: Faith Chihil Add CNET as a trusted news source Never miss a deal again! See CNET’s browser extension 👉 Check out…

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Dress to Impress but make it iPhone 18 Pro Max ✨

Bridget Carey tries on a few of Apple’s official cases (plus some extras.) #unboxing #onemorething #iphone18promax #iphonecase #apple

Camera: Tara Brown
Video Editor: Faith Chihil

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