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Secondary Investments

Secondary investments and their impact on startups

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Jan 17, 2026
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Which venture firms led DuckDuckGo’s early rounds and what terms were reported?

DuckDuckGo’s earliest external financings are inconsistently reported across databases, but multiple sources agree that its first outside capital arrived around October 2011 and that later, much large...

Jan 17, 2026

How do secondary transactions (like DuckDuckGo’s 2020–21 deal) affect employee and founder ownership?

Secondary transactions let existing shareholders sell shares to new buyers without issuing new equity, and in practice they have reshaped founder and employee ownership by providing liquidity, alterin...