3 ms·
I wonder how the original founders of Reddit feel about selling out so early. They sold to Conde Naste for $20m. Now, it's worth 1000x more. I'm sure there a
by fairity 5y ago
I wonder how the original founders of Reddit feel about selling out so early. They sold to Conde Naste for $20m. Now, it's worth 1000x more. I'm sure there are ways to rationalize it as a good decision -- i.e. $10m is a life changing sum of money. But, I wonder if, as a general rule, it's better to only sell half your stake to avoid upside regret.