O'Driscoll: Investors should sell late-stage private stock 80% of the time
Rory O'Driscoll · Rippling vs. Deel Lawsuit: WTF Happens Now? The Future of the Late Stage Private Market · 20VC with Harry Stebbings · May 22, 2025 · at 36:10
Rory O'Driscoll is a General Partner at Scale Venture Partners. He discusses liquidity strategies for venture investors holding late-stage private tech unicorns.
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“Private late stage companies in 2025 are just the same asset class as IPOs in 95 to 2005. The same analysis applies. Most of the companies barely beat their IPO price a year later or ever again, and a small number of companies compound and do amazing, right? So now how does that become actionable? If you're sitting there and you can sell all your private companies at five billion or the last round price, statistically, 80% of the time, you should sell, right?”
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