3 ms·
There's no value to A16Z's investors for A16Z to hold shares in publicly traded companies. If the investors want to, they can buy shares directly and not throug
by jhonovich 13y ago
There's no value to A16Z's investors for A16Z to hold shares in publicly traded companies. If the investors want to, they can buy shares directly and not through a VC firm.
The value to these investors is access and expertise in selecting private companies, not holding shares in public ones.
- rhaker 13y agopoint well made, though, there may be U.S. tax reasons that would influence the timing of sales (e.g. offsets in their portfolio)