Onward, a Fundrise Production cover image

7: Ben Gilbert & David Rosenthal (VCs and hosts of Acquired): Top investment lessons, what makes the best tech companies, and more

Onward, a Fundrise Production

CHAPTER

The Role of LPs in Venture Firm Behavior

Most of the time when VCs quote unquote sell, they're staking a public company. They're distributing the shares out to their LPs and to the GPs. That does happen, but that's quite rare. More often the conversation goes something like this: I don't pay you guys to manage my public stock holdings. And either way, I stopped taking 20% of the upside from here.

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