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20Angel: Jens Lapinski: Co-Founder of Angel Invest, 100+ Portfolio Companies

20Angel

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The Advantages of Secondaries in Angel Investing

I've ever been pushed out because VCs try to make a certain percentage work for them on the cap table. I find it astonishing that suddenly in private markets, I say, oh my God, you're selling your shares to another investor,. It's so unusual. 99.9% of all equity transactions in the world work like that. So why is it suddenly so unusual and weird when it's happening in a startup? From my perspective, I think it should happen all the time.

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