4 ms·
>> "how often do insiders get their stakes cashed out" While this used to be the exception, it is starting to become the norm. The technical term is "secondary
by portman 15y ago
>> "how often do insiders get their stakes cashed out"
While this used to be the exception, it is starting to become the norm. The technical term is "secondary".
Fred Wilson has been doing a great job chronicling the rise of these transactions for almost 2 years. (He calls them "DST-style" investments.)
http://www.avc.com/a_vc/2011/02/some-thoughts-on-public-and-private-markets.html http://www.avc.com/a_vc/2011/02/some-thoughts-on-public-and-...
http://www.avc.com/a_vc/2009/04/a-second-market-is-emerging.html http://www.avc.com/a_vc/2009/04/a-second-market-is-emerging....
http://www.avc.com/a_vc/2010/08/angel-liquidity.html http://www.avc.com/a_vc/2010/08/angel-liquidity.html
http://www.avc.com/a_vc/2009/09/founder-liquidity.html http://www.avc.com/a_vc/2009/09/founder-liquidity.html