Sertoglu: Earlybird returned 3-4x its fund via UiPath secondaries before IPO
Cem Sertoglu · Cem Sertoglu: Lessons from the Greatest Venture Investment in European History | E1228 · 20VC with Harry Stebbings · Nov 20, 2024 · at 48:16
Cem Sertoglu discusses how Earlybird Digital East returned multiple times its fund from UiPath prior to the IPO while remaining its largest shareholder.
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“We were still the largest shareholder going into the IPO in the company but you know, we had also realized you know, already, I think Three, four times the fund at that point.”
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