I'm also reminded of the time Stuart Butterfield explained why he felt compelled to sell shares of Slack at the generous valuations and terms people were offeri

I'm also reminded of the time Stuart Butterfield explained why he felt compelled to sell shares of Slack at the generous valuations and terms people were offering to him. > It’s pretty straightforward. I’ve been in this industry for 20 years. This is the best time to raise money ever. It might be the best time for any kind of business in any industry to raise money for all of history, like since the time of the ancient Egyptians. It’s certainly the best time for late-stage start-ups to raise money from venture capitalists since this dynamic has been around. > And as a board member and a C.E.O., I have a responsibility to our employees, to our customers. And as a fiduciary, I think it would be almost imprudent for me not to accept $160 million bucks for 5-ish percent of the company when it’s offered on favorable terms.