Sohail Prasad

Sohail Prasad is a notable entrepreneur and investor based in Austin, Texas. He is the Founder and CEO of Destiny (D/XYZ), an investment management company focused on providing public access to private technology markets. Prior to this, he founded Forge (NYSE), a global private securities marketplace that specializes in trading, custody, and data infrastructure for high-growth companies, particularly those preparing for initial public offerings (IPOs) .12

Career Highlights

• Forge: Established in 2014, Forge has become a significant player in the private securities market, facilitating billions in pre-IPO stock transactions annually. The company has over $14 billion in assets under custody and has raised more than $250 million from major institutional investors, including Deutsche Börse and Wells Fargo. In March 2022, Forge went public in a $2 billion deal with Motive Capital Corp, marking a milestone as the first dedicated trading platform for private shares to become a public entity .14

• Early Ventures: Prasad was one of the youngest founders to participate in Y Combinator at the age of 18. He has also been recognized as a Thiel Fellow. His entrepreneurial journey includes advising and investing in over 200 startups, with notable investments in companies such as Rappi, Notion, and Mercury .23

• Previous Experience: Before founding Forge, Prasad held various roles in tech companies, including product management positions at Zynga and Chartboost, and engineering roles at Google and the MIT Media Lab. He also founded Hiptype, a company focused on analytics for eBook platforms .13

Prasad's contributions to the tech and investment sectors have made him a prominent figure, particularly in the realm of private market investments.