secondary market
2 statements across 2 episodes · 0 bullish · 2 bearish · 1 people on the record · first statement Sep 25, 2024 by Bill Gurley · across every show →
Everything said about secondary market, oldest first
Sep 25, 2024 bearish
Gurley: Funding founder secondaries eliminates the primary incentive for tech IPOs
“And if you're going to be founder friendly and write big checks, guess what? You're going to be supportive of founder secondary. And you're going to be in for, you're going to be supportive of broad based employee secondary. When you do those things, you are t…”
Jun 6, 2025 bearish
Gurley: Private Delaware unicorns trading secondary shares face litigation risk
“Litigation around shareholder events are tied solely to public companies. That is not true. If you're incorporated in Delaware, you can be sued. You know, if your shares are trading more freely in the secondary market, you're at risk as well.”