Forge Global Names the Private Magnificent 7 – the High-Performing Unicorns Driving the U.S. Innovation Economy
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Private vs. Public Magnificent 7 - One-Year Performance (Graphic: Business Wire)
“While the post-2021 market downturn was undoubtedly a challenging period for the private market, the Private Magnificent 7 proved resilient,” said
The Private Magnificent 7 collectively account for
Though smaller in size, the Private Magnificent 7 has outperformed2 its public market counterpart by 16.9% in the 12-month period ending
Forge operates a leading platform for private market trading and data intelligence. This includes Forge Price, a proprietary pricing model for approximately 250 late-stage, venture-backed companies with secondary market liquidity. Forge Price underlies the methodology for identifying the Private Magnificent 7. The selection process for identifying the Private Magnificent 7 was based on a set of rigorous criteria, including company size, share price performance, secondary trading liquidity, market leadership, and brand equity. For more information, please visit this link.
Forge Price is also used to power Forge’s indices, which include the Forge Private Market Index, a first-of-its-kind benchmark for private market performance and the Forge Accuidity Private Market Index, which is tracked by the
About Forge
Forge is a leading provider of marketplace infrastructure, data services and technology solutions for private market participants.
1
https://www.mellon.com/insights/insights-articles/a-closer-look-at-magnificent-seven-stocks.html
2 Performance is based on Forge Price.
3 Performance calculated based on hypothetical portfolios of both the Public Magnificent 7 and the Private Magnificent 7 with modified capitalization weighting scheme capped at 30%. Public Magnificent 7 data is sourced from Nasdaq and Private Magnificent 7 data from Forge Data.
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press@forgeglobal.com
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