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No, 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
by austenallred 5y ago
No, 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.