The demand for Databricks is strong in other secondary marketplaces as well. Its secondary market price has suffered a bit from its 2021 peak of $99 due to multiple reasons, (i) dilution and availability due to multiple large funding rounds and (ii) price correction of its public counterpart Snowflake. Databricks itself cut its valuation by 7% in late 2021, and Blackrock, one of its most famed investors, also cut the value of its Databricks holding from ~$20 Million to ~$17 Million, according to Blackrock’s SEC filings. The shares of Databricks are available in the secondary marketplaces for around ~$52 a piece.