VC Secondaries (and Lions and Tigers, Oh My)
With the IPO window still creaky and M&A volume unpredictable, the secondary market has exploded into a $200 billion beast.
With the IPO window still creaky and M&A volume unpredictable, the secondary market has exploded into a $200 billion beast.
“Why You?” is always the critical question we ask at Founder Collective, but in overheated markets, it becomes decisive.
One of the clearest frameworks I’ve seen for evaluating early-stage businesses.
The interesting value creation is almost always happening in the corners.
It’s part update, part reflection, part board meeting for our own business.
Do VCs improperly index on outliers?