secondary liquidity

“You need to build the balance sheet. But if you want to be comfortable doing it, you also need to pull in enough secondary so that your retirement is taken care of.”

“And it doesn't make the founder any less hungry. It just actually mean means that he has a longer time horizon. I think it's a really important ingredient to building a company long-term.”

“When you really find lots of folks around you in your team have made their first six-figure, seven-figure checks, and they work with you, it will completely change the culture. You don't have to worry. There's a proven culture of financial rewards, extraordina…”

“To be even more precise, we used about thirty million of that a team for secondary.”