3 ms·
That was the case for the Secret (the app) founders. Sold founder shares in their A round (which is very rare to see that early)
by hkmurakami 9y ago
That was the case for the Secret (the app) founders. Sold founder shares in their A round (which is very rare to see that early)
- skrebbel 9y agoAmazing. If I were an investor in that I'd really wonder what the founders know and aren't telling me.
- pbiggar 9y agoWhat the founders know - and are telling investors - is they have an offer to sell the company and they don't want to take it, but it's so much money they'd be stupid not to. The investors want the company to keep going -- and growing -- so they cash out the founders a bit to make sure everyone is aligned on the same goal: to make a huge company.
- skrebbel 9y agoAh! Ok that makes a lot of sense :-)