Founders Fund distributes shares immediately because they lack public market expertise
Brian Singerman · Brian Singerman: How I Became a Partner at Founders Fund, Why We Put $400M into Anduril | 20VC #943 · 20VC with Harry Stebbings · Oct 31, 2022 · at 7:04
Brian Singerman, General Partner at Founders Fund, explains why the venture firm distributes public equities immediately upon lockup expiration rather than holding them.
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“Our strategy has always been to distribute shares slash capital right when we can in companies simply because we don't think we know the public markets better than anybody else.”
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