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They said the valuation of Twitter doubled from last year to this.... does anyone know if the shares in SecondMarket increased by the same % as well? If not.. t
by Hisoka 15y ago
They said the valuation of Twitter doubled from last year to this.... does anyone know if the shares in SecondMarket increased by the same % as well? If not.. then why not? They don't want "normal people" to get rich? Just the insiders?
- kirubakaran 15y agoInvestors pay a premium for liquidation preference.
- corin_ 15y agoThat's roughly how it's meant to work pre-IPO. Until they're a public company they're only supposed to care about the investors they chose ("the insiders").