3 ms·
The point is they're not that confident the stock will go up much more. Sure, you could look at it as spreading risk.
by loceng 13y ago
The point is they're not that confident the stock will go up much more. Sure, you could look at it as spreading risk.
- acjohnson55 13y agoIf that were true, they would liquidate much more aggressively. I don't know how much total value in shares they have left, but if you're a venture investor, your goal isn't to tie up all your money in ventures that have already broken through; your goal is to find the next one. If all they wanted to do is go long on stocks, they could do that without all the venture investing.
- loceng 13y agoIf they started to liquidate quickly, so would everyone else - and they'd piss off their co-investors too if they didn't do it fully planned out. Regarding going long on investments in a different way - that won't bring them the same return.