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> Linkedin is down 38%. Tesla is down quite a bit. My guess is that some VCs were leveraged and had to liquidate positions. You're not a VC if your money is in
by bkeroack 11y ago
> Linkedin is down 38%. Tesla is down quite a bit. My guess is that some VCs were leveraged and had to liquidate positions.
You're not a VC if your money is in publicly-traded firms.
- pbreit 11y agoVCs do not liquidate immediately at the IPO or even upon lock-up expiration. But I would agree that this downward pressure is not VC-driven.
- Kluny 11y agoOr maybe, this is a crazy idea, some VCs have diversified portfolios that include public stocks.
- jonknee 11y agoPersonally I'm sure, but that's not how VC funds work. You raise a fund with the understanding it will be invested in new ventures.
- headgasket 11y agoDid you think that as soon as a company goes public, VCs get to sell all their stocks?
- jonknee 11y agoTesla and LinkedIn had their IPOs 5-6 years ago, they aren't being held by VC funds. Tableau's major holders also don't include any VC funds: http://investors.morningstar.com/ownership/shareholders-major.html?t=DATA http://investors.morningstar.com/ownership/shareholders-majo...
- mattzito 11y agoTypically VCs have to sell their shares 6-ish months after there's a liquidity event and return the proceeds to their LPs.