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I don't see how Facebook trading privately would directly impact our access to capital. What is most important is that early stage investors are able to get att
by webb 16y ago
I don't see how Facebook trading privately would directly impact our access to capital. What is most important is that early stage investors are able to get attractive exits. SecondMarket allowed Accel to do exactly that. I view this as a great thing for us, because now those VC investors are unlikely to apply pressure for an IPO when the entrepreneur doesn't want one.