‍ApeVue50 Index & Sectors YTD Performance

_{Return On Investment (ROI) from December 31, 2023 until June 24, 2024}

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Most Active Names Performance

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_{* Price (USD) estimated based on secondary market activity observed by ApeVue. Valuation is estimated based on said price and share count from state filings and/or news in the public domain. Note that share count in calculations may change as new filing documents are obtained.}

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ApeVue50 Privates versus Public Benchmarks/ETFs

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_{Indices from January 02, 2024 until June 24, 2024}

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Public v. Private (12mo)

The ApeVue50 tracks the performance of the 50 most active private names observed in the secondary market. It is an equal-weighted index, rebalanced on a monthly basis.

This rebalancing of constituents over time gives way for more active names to participate in what we observe as "market performance," and in a more appropriate manner than static selections and weightings criteria.

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Sectors

Headquarters

CEO

_{Private Market: Sector Level}

|| Sector-level analysis as of June 24, 2024‍

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Quarterly Bid and Ask Volume of ApeVue50 Companies

The plot below shows quarterly total bid and ask volume and their ratio for the companies within ApeVue50.

Q2 of 2021 had the highest total volume at $69.02B, however the bid ratio was low at 12%. Additionally, the same quarter had the highest ask volume at $60.89B.

Q1 of 2024 had the highest bid-volume at $11.11B.

32% of Q2 of 2024 was on the bid-side.

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Quarterly Bid and Ask Volume of FinTech Companies

The plot below shows quarterly total bid and ask volume and their ratio for the companies within FinTech sector.

Q4 of 2022 had the highest total volume at $3.41B, however the bid ratio was low at 10%. Additionally, the same quarter had the highest ask volume at $3.05B.

Q1 of 2024 had the highest bid-volume at $1.47B.

Bid and ask volume were equally distributed on Q2 of 2024.

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Six Month Average Bid and Ask Spread

The plot below shows the average bid and ask spread from January 2024 until June 2024 within each sector with significant activities.

Hardware sector has the highest bid to ask spread at 25.6% closely followed by logistics sector at 25%.

Marketing sector has the lowest bid to ask spread at 4.9%.

ApeVue50's median bid to ask spread is 12.8%.

Financial and InvestmentTech's bid to ask spread are below median at 11.9% and 10.1%, respectively.

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Company-level Statistics

ApeVue highlights statistics on FinTech companies until June 24, 2024.

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YTD Return on Investment (ROI)

The plot below displays YTD ROI for companies in FinTech sector. Solid bars represents ROI for companies where ApeVue's composite price was present on December 31st, 2023 and June 24, 2024. Transparent bars represents ROI for companies where ApeVue's composite price was missing on either December 31st, 2023 or June 24, 2024 thus derived price was used. Derived price uses composite price or funding round as a starting point and incorporates ApeVue50 and private comparables with significant activity.

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Institutional Level Activity

The plot below shows the number of institutional level ($1M+) Bid, Ask, or Trade contributions between March 25, 2024 and June 24, 2024.

Revolut had the highest activity with 52 contributions with a volume over $1M, followed by Stripe with 38 contributions.

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Last Funding Round Valuation and ApeVue's Implied Valuation

The plot below show the valuation of selected companies based on the last round valuation and ApeVue's implied valuation as of June 24, 2024.

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Change in Implied Valuation since last Funding Round

Stripe is valued the highest,and also adds the highest increase in valuation at 55.79%.

Chime Bank's valuation has dropped by 73.51%.

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Bid and Ask Volume Ratio

The plot below displays the ratio of bid and ask volume between March 25, 2024 and June 24, 2024.

Revolut had the highest volume, and 80% of it was on the bid-side.

Copper.co, Carta, Rapyd, Aspiration and Bolt had all contributions on the ask-side. Conversely, Capitolis had all of its contributions on the bid-side.

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Quarter in Review

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July 9, 2024

ApeVue 2024 Q2 in ReVue

ApeVue FinTech ReVue

‍ApeVue50 Index & Sectors YTD Performance

Most Active Names Performance

ApeVue50 Privates versus Public Benchmarks/ETFs

Public v. Private (12mo)