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The title is wrong. This is simply a technicality. If USV moves the shares to another fund or distributes them back to their investors (LPs) they would appear
by austenallred 5y ago
The title is wrong. This is simply a technicality.
If USV moves the shares to another fund or distributes them back to their investors (LPs) they would appear here. This does not mean that they “dumped” 100% of their shares.
- koheripbal 5y agoWait... What is the difference between selling to give back to your investors vs selling to do anything else. It's still selling. When you sell any stock, it means you believe your future appreciation is going to be greater elsewhere. If investors thought there was another 150,000% gain to be had here, they wouldn't sell.
- austenallred 5y agoNo, if you give back to your investors they may still hold the stock; it’s up to them what to do. You’re just transferring the stock from your account to theirs.
- vidarh 5y agoOn top of that, funds like these are usually running for a set amount of time. One of the USV funds in question here is 9 years old and likely have a 10 year horizon. They're well into the phase where they're seeking to figure out whether to seek a sale or do what they did here and hand the shares to their limited partners.