2min chapter

My First Million cover image

#6 - How This Silicon Valley Outsider Hustled His Way to $750M Exit - Meet Vungle's Jack Smith

My First Million

CHAPTER

How Do You Sell Secondary Stock?

When you're still working a company, they probably don't want you selling stock that much. But because i'd left then, the company was a bit more amenable to it. So my co founder just said like, hey, well, there's these other investors who want in the company,. Would you be interested in selling a small amount of your stock to them? And n so i says, latgoye, that sounds like a good arrangement. It was only a small amount, and there wasn't going to be more dilution for everybody. That kind of wen back onforwas agreeda rough valuations with both parties.

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