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Benchmark here has quite different time pressure than potential common stock holders. They need to get liquid.

• JumpCrisscross 9y ago
  > They need to get liquid Benchmark or Uber's employees who hold illiquid common stock?
  • sah2ed 9y ago
    Benchmark. At least that's according to this throwaway but highly upvoted comment [0] from some days ago. [0] https://news.ycombinator.com/item?id=14983957 https://news.ycombinator.com/item?id=14983957
    • prostoalex 9y ago
      The urgency is never quite explained. If Benchmark needs to wind down a fund, they can just distribute shares directly to LPs.
• prostoalex 9y ago
  Why?