Vinted just hit an €8 billion valuation in a secondary share sale, with EQT leading and a few new investors coming.
Hmm
Secondary sale at €8B feels less like “IPO imminent” and more like “early folks want liquidity without the circus. ” Do we know if any of that €880M is going into the company, or is it basically all existing shareholders cashing out?
Secondary sales are usually just liquidity for employees/early investors, not cash into the company—unless it’s explicitly described as a primary round or they’re issuing new shares.
