5min chapter

This Week in Startups cover image

SaaS multiple compression, downturn outlook & advice for new VCs with Jason Lemkin of SaaStr | E1461

This Week in Startups

CHAPTER

How to Sell Your Shares Before You Go Public

There's been a lot of discussion about this. Sequoia is doing the Sequoia Fund where their LPs will buy into it and then they'll keep their public stock forever. So, you're silly if you don't take advantage of the fact that you have a... It's almost the opposite of Paretta. Some people thought it was stupid. You know, I saw a chair at a boobber at a higher stock price three years before they went public than it's trading at today. But when things would hit 2550x for us, I would always ask, is there a chance for us to sell 10 or 20% in secondary here? Just lock in

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