PE/VC distribution waterfall, carried-interest & exit-structuring engine — European/American waterfalls, IRR/MOIC, secondaries, continuation vehicles
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Updated
Jun 1, 2026 - Python
PE/VC distribution waterfall, carried-interest & exit-structuring engine — European/American waterfalls, IRR/MOIC, secondaries, continuation vehicles
Stonks (now operating as Sandhill Markets) is a San Francisco investment platform, founded circa 2019-2020 by serial entrepreneur Ali Moiz, that lets accredited investors buy and sell shares of top pre-IPO companies on the private secondary market - often described as "Robinhood for private markets." The business is run through the SEC-registered…
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