dual class shares
2 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Jun 14, 2019 by Scott Kupor · across every show →
Everything said about dual class shares, oldest first
Jun 14, 2019 neutral
Andreessen Horowitz approves dual-class shares only as companies approach IPO
“What we've done with many of our companies is as they get closer to going public, we have agreed with them that, okay, having these dual class shares when and if you go public is a good thing to do. But we haven't done that obviously in the private markets.”
Jun 14, 2019 negative
Dual-class shares are unnecessary in private markets due to illiquidity
“The reason why those tend not to exist in the private markets is we're all completely aligned, which is none of us have liquidity, right? So we can't, you know, in general, and many times we are prevented from selling our shares legally, so there's no liquid m…”