Secondary Offering
topic on 1 show · 2 statements across 2 episodes
2 statements about Secondary Offering, every show
Durand: Full VC liquidity after an IPO takes two to three years
“You know, an organized secondary with perfect execution, maybe within the first six to nine months would get out maybe the invested capital but it wouldn't get out their profit. And so, you know, the truth is the timing of liquidity for early investors that wo…”
Dhillon: Price modest IPOs for buyer upside before larger secondary offerings
“Look, because the IPO, you're also trying to build a brand for yourself. Nobody knows you as a company or as an executive. So if you do a modest IPO, you got to price it. So there's some wealth for the new buyers. And as they do well, they get a sense. You do …”