direct secondary funds

1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Mar 4, 2023 by Hunter Somerville · across every show →

Everything said about direct secondary funds, oldest first

Mar 4, 2023 negative
Assertion Not checkable as stated
Somerville: Many secondary funds rely on cold calls to former employees
“What many other direct secondary funds are doing are cold calling departed employees or reaching out to people that they know need to sell and are really relying on their own point of view of the company instead of ongoing information and monitoring.”
Hunter Somerville Mar 4, 2023 ▶ 27:33 Hunter Somerville: Biggest Mistake LPs Make; Deep Dive into Secondary Markets | 20VC #985 · 20VC with Harry Stebbings
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