secondary share sales
2 statements across 2 episodes · 1 bullish · 1 bearish · 2 people on the record · first statement Dec 6, 2021 by Bill Gurley · across every show →
Everything said about secondary share sales, oldest first
Dec 6, 2021 negative
Gurley: Major Shareholders Cannot Realistically Sell Large Secondary Stakes Privately
“If you own 20% of a company and they're raising a private round and you try and take half of that off the table, you're going to affect the price pretty dramatically. So I don't think those type situations are realistic liquidity events for large shareholders.”
Sep 10, 2026 positive
O'Driscoll: Large secondary sales serve as essential recruiting tools for enterprise deployment
“From a recruiting perspective, it allows you to say to the next hundred people, come to work with us. Yes, you'll get stuck on a five month deployment on a bank in Holland or a, you know, a electrical company in Germany. It'll be boring as shit, but in return,…”