Kanji: Seed investors should sell early if offered a 50x return
Hussein Kanji · Hussein Kanji, Founder @Hoxton Ventures: Why AI Means London Can Compete with the US | E1248 · 20VC with Harry Stebbings · Jan 20, 2025 · at 1:03:54
Hussein Kanji is the managing partner at Hoxton Ventures. He argues that seed VC funds should capture secondary liquidity when achieving massive early multiples rather than waiting years for an IPO.
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“If someone offers you like, 50 X on your first investment, maybe there's actually a reason to take some money off the table. But, you know, normally you would have said, do that, you get your 50 X's at the IPO stage, or at the very late stages, and then the same argument would apply, but if you get that in one year, The same logic applies, right, and you just do it one year, you do it one year in.”
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