Why the frenzy to buy Anduril shares is like buying Taylor Swift tickets

• Buyers have been willing to pay a premium of up to 40% to buy Anduril shares.

• The steep markup reflects a two-tiered class for accessing stock in the hottest startups.

• Data from Caplight highlights a supply imbalance, with buyer demand surging to 97% while sellers' demand is at 3%.

Anduril hasn't even finalized its next funding round, and investors are already eager to pay up like it's a sold-out concert. As marquee venture firms Thrive Capital and Andreessen Horowitz line up to back the defense tech startup at a reported $60 billion valuation, others shut out of the deal are scrambling to buy shares on secondary markets at steep premiums…Read Ful Article