Gondola is looking for a founding engineer to drive the product development of a private equity marketplace where retail investors can invest like Silicon Valley insiders.
Gondola is building a fintech platform for accredited retail investors that democratizes access to invest in the high-growth private companies that are building the future.
Since 1999, the average time from a startup's formation to IPO has risen from 5 years to over 12 years. Due to significantly increased costs of going public and the increased availability of venture capital, more startups are staying private longer. Consequently, more value is being accrued while companies are private. This trend has left retail investors behind.
Historically, the 13.6 million accredited investor households in the U.S. have been excluded from the private markets and have been unable to invest in pre-IPO companies due to a lack of access. With the majority of private growth companies being formed in geographically concentrated areas (e.g. Silicon Valley), the access problem is magnified.
Gondola is laser-focused on solving this access problem and empowering retail investors around the world to invest like Silicon Valley insiders.
Gondola is founded by an experienced founder that has previously co-founded a fintech for high-net-worth retail investors that has raised over $40M and amassed over $1B in assets under management.