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Your last point reminded me of this: "Smart entrepreneurs have often used this competition / appetite to invest in prorata rights to their advantage. How? Have
by hkmurakami 12y ago
Your last point reminded me of this:
"Smart entrepreneurs have often used this competition / appetite to invest in prorata rights to their advantage. How? Have you noticed the increase of founders selling their personal stock in what is known as a “secondary?” As in – the company may or may not ultimately succeed but I’m going to take $2-5 million off of the table now to derisk my personal situation.
This is a direct result of the prorata shuffle more than just goodwill by investors. Truth lives in subtleties and nuance. Understand trends more intimately and you can use them to your advantage."
http://www.bothsidesofthetable.com/2014/10/12/the-authoritative-guide-to-prorata-rights/?utm_content=buffera5a54&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer http://www.bothsidesofthetable.com/2014/10/12/the-authoritat...