I agree, it's about liquidity. But isn't building a company from the ground up always a pretty illiquid process? Until the company starts generating profits, yo

I agree, it's about liquidity. But isn't building a company from the ground up always a pretty illiquid process? Until the company starts generating profits, your shares in a new start-up will always be hard to sell. But then, how can anyone finance a start-up that takes a bit longer to build than the usual web mitm or web advertising play?