(The hypothesis here is that VC funds have a 10 year lifetime and they'd really, really prefer to not have any holdings at the end of that lifetime. Accordingly, if one of their holdings is appreciated but no exit in sight, they might accept a material discount to get out.)
-
-
Show this thread
-
(You're not offering 2x on the things which failed to appreciate or are in the realm of the living dead; you're offering 2x on the things which are worth 3x or 5x but simply don't have an exit lined up within the next 12 months yet.)
Show this thread -
(This goes quintuply so for all the little "Meh here's a $50k check because we want the option on leading your A round" that went on a few years ago. Difference between $100k and $200k doesn't matter to the fund or their LPs; just offer them a clean, fast way out.)
Show this thread
End of conversation
New conversation -
-
-
@IndustryVC etc. might already!Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
I know several people who do this. They don't make it so public though.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Good luck with the first part -- Crunchbase is so concerned about bots it will temporarily block you if you browse too quickly.
-
You can trivially buy the data from Crunchbase, cbinsights, pitchbook, etc.
End of conversation
New conversation -
-
-
This is already happening by middle market PE (some of my clients).
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
I think what you are describing IS a thing: http://www.industryventures.com/venture-capital-secondary-funds-the-third-exit-option/ … Seems to be an aspect of the broader secondary market. However, your variant of "year 9" vs EOL might be a differentiator.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.