Why We Always Include Secondaries
20VC with Harry Stebbingsยท2025-09-10 05:00
every round we can we do secondary and a tender offer for all employees that have vested stock so they can sell the stock so they all feel that there's actually liquidity to them to the company I think it's valuable because we are betting for something huge and you want to know that you can take the risk to bet on that some big outcome which of course you know like I think it's very easy to say financial is not important and I think it isn't but there's like this basic layer that has it is paying for child ...