4 ms·
>For employees it means waiting 15-20 years for a payday. But why do they deserve a payday? If the public markets aren't willing to buy in to IPOs at the given
by delfinom 1y ago
>For employees it means waiting 15-20 years for a payday.
But why do they deserve a payday? If the public markets aren't willing to buy in to IPOs at the given IPO sale price, then perhaps the company isn't valued at the funding rounds valuations that only come from a small handful of investors?
- bix6 1y agoExit time has doubled in VC. It is a major problem. Hundreds or thousands of people at a single company might be taking lower salaries in exchange for equity that is unsellable until it goes public (or steeply discounted). Yes sometimes valuations are way too high in private markets but an IPO enables a reset and liquidity. Saying people don’t deserve an exit is saying startups shouldn’t even exist? At some point every company provides liquidity whether it’s stock sales, dividends, merger, etc.