PrivateTechSharesMarkup
Also called: valuation markup, paper markup
In one line
An increase in a company's valuation between rounds, raising the on-paper value of existing shares.
In plain English
When a new round prices the company higher, earlier shares are 'marked up' in value on paper. It's good news, but it's unrealised until you can actually sell.
If you were explaining it to a 5-year-old
The club says your toy is now worth more than last year — but it's just a new price tag until someone actually buys it.
Why it matters when you sell
A markup raises your paper wealth and your reference price, but only a sale turns it into real money.
Related terms
Put it to use
When you're ready to go deeper, there's an optional Equity Toolkit and Report.
Sources
A general market-practice term. See how we define and source the glossary in our methodology. General information, not advice.
Educational information only — not financial, tax or legal advice, and not an offer to buy or sell any security. Definitions are general; your own documents and local law govern your situation. PrivateTechShares is independent and not a broker or marketplace.