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Markets and offerings

Markets and listings explained

A market is a catalogue with its own audience. A listing is one property offered inside it, with its price, caps and terms.

  • Updated
  • For managers

How the two fit together

A market is a page in the portal. It decides who can see what is inside: everyone, selected groups or selected clients. It also holds rules that apply to everything in it, such as whether identity checks must be approved.

A listing, also called an offering, puts a property into a market with concrete terms: how many fractions are for sale, at what price, the minimum and maximum, the dates, the fees, the expected returns and the documents investors must acknowledge.

Market and listing compared
MarketListing
AnswersWho can see it, and under which rules?What is offered, and on which terms?
ContainsListingsOne property
CurrencyOne currency for all its listingsThe market's currency
StatusesDraft, open, closed, archivedDraft, upcoming, open, paused, closed, fully subscribed, cancelled

Typical setup

  • One market for everyone, for general offerings, and a second one for a group such as founding investors.
  • A market per year, per country or per investor type.
  • A single market for a single raise.

Follow Create a market, then Create a listing.

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