lack of good public material on selling secondaries is mindblowing to me

probably the last part of silicon valley culture that hasn't been democratized and made transparent by yc youtube videos

i wonder why people choose not to talk about them in public

Maybe a dumb question but what exactly do you mean by selling secondaries?

/ethereum foundation | opinions are my own but more than likely they come from Vitalik's blog paragraph.xyz/@chaskin

when you raise a round for your startup (lets say 10m series a on 50m val) you create additional shares that investors buy, but you personally don't see any of this money

sometimes during fundraising, vcs offer to buy founders shares instead of only the newly created ones, this is call buying secondaries