Who we shorting first?https://www.wsj.com/articles/overvalued-startups-could-be-shorted-by-new-firm-11607337001 …
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This fund isn’t for company founders. It’s for LPs in VC funds looking to hedge their bets.
does the creation of the shorts not require owning shares in the common in the first place. like have an overaggressive rofr like everyone else does and say goodbye to private market shorts
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Yeah that's my thought, *may* be possible to do it with side bets, in a betting market, unconnected from the company. Not sure though. Did a whole thread speculating about this on my feed...
Thanks. Twitter will use this to make your timeline better. UndoUndo
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