skininthegame

Silicon Valley insiders look down on projects they aren’t able to get insider deals on 😀

Someone should remind him that the same thing happens when there’s a bank run or public company shareholders lose confidence

Building something new. Host: /venturecapital /adventures /theitinerant

The same thing happens with any investment, doesn't it? 

For example, if I invest in Airchat, surely I want the valuation to go up so I can get a return. At that point, isn't whoever buys in at the IPO / acquisition exit liquidity?