This review has been updated from a week earlier. Initially, I was having an issue with the attempt at purchasing units of pre-IPO stock. I was learning their system and methods and I had not received... See more
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great and helpful platform for private companies investing
I have been investing private companies’s shares with Hiive platform for couple month Eid now, and I find it a very great platform and convenient to use. The communication from staffs there are extremely helpful, commutative, and clear on every step I need to take. I highly recommends it to everyone who are interested in private companies investment opportunities.
Hiive is pretty amazing!
Hiive knows what they are doing
I had listed my holdings on other private market sites for over a year and had no success. Hiive managed the entire sale process from attracting a willing buyer, assembling the necessary volume of securities and the vital and difficult step of securing Board approval of the share transfer. Job well done.
Transparent way to access pre-IPO deals
My experience with Hiive was excellent. The bidding process was straightforward and efficient, and the transaction timeline was well-communicated. The platform was intuitive and easy to use. Customer support was exceptional, with fast responses. Overall, I would recommend Hiive because of their seamless process and outstanding customer care, especially from Ardalan.
Making it possible to trade private equity
Trading private equity (in my case a sale of stock) is something that has been traditionally very difficult to do. It is still not easy and you must navigate very limited liquidity, fluctuating valuations, and a process that in the end requires legal contracts and exchange of funds between 3 parties (buyer, seller and company) and could be blocked/fall through along the way. It is just the nature of the transaction.
With this in mind, the process of selling shares on Hiive was as transparent and smooth as could be expected. I appreciated the ability to list my shares easily and get liquidity when I needed it. Overall, Hiive did what they promised.
Smooth Process, Intuitive Platform
Smooth Process, Intuitive Platform, and a great UX. The transaction process was straightforward, and I appreciated the anonymity. Hiive provided useful resources and made what could have been a complicated sale feel secure and easy. I would recommend it to anyone new to navigating the secondary market.
Schedule
The Hive is a great system. I recently wrote a review regarding scheduling which I was very frustrated by. However, I am back to manual scheduling and finding it much easier.
Thanks for Trustpilot
While watching Moore's law is dead I did a bit of research to see if Light matter were public. It turned out stock was available through Hive. Checking on Hiive took me to Trustpilot. There wasn't much information but it was enough to make me avoid Hiive. Thank you Trustpilot.
No real market there, private sellers of future contracts
Most offers Im interested in are private sellers of future contracts or a fund the private person manages. Some bids are way, as in 50%+ above the ask, and nothing happens. Update: support did reply but still the shares I want are not actually available for direct transfer.
Hiive charged me $25,000 to introduce…
Hiive charged me $25,000 to introduce me to a thief, Owen Meyer. Meyer was arrested a year earlier in New Jersey on multiple drug charges and Hiive never did any checking on him. Now I have to get a lawyer to go after those incompetent bunglers at hiive.
hiive can be a total ripoff!
Not Worth One Star
My experience with Hiive has been nothing but a disaster.
1. Poorly designed user interface (cumbersome and messy).
2. Deals available on the platform but already 100% subscribed (waste of time).
3. Your investment may not go through even after signing an agreement with them (via Sydecar) and funding it before the funding deadline because it has been oversubscribed (not a trustworthy intermediary).
4. Poor communication from Hiive: even if your investment has no chance of being accepted, Hiive won't automatically and promptly inform you about it. So you will wire the funds in vain. Then, you need to go through the refund process (waste of time and money). The refund was processed right away by Sydecar, which is a good thing.
I cannot in good conscience recommend Hiive to any serious investor.
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