Is there any way of knowing how much YC made on the IPO? Ballpark/order of magnitude?
Always curious to see what a win looks like from the accelerator side.
Always curious to see what a win looks like from the accelerator side.
https://www.sec.gov/Archives/edgar/data/1679788/000162828021...
But that's true of pretty much any IPO. All the biggest winners are winners mostly on paper, they can't really dump it all on day one.
My understanding is that there are firms that specialize in buying up assets from VCs that need to close out their funds, so things like this or private companies that they've held for 10+ years already, stuff like that.
There are probably ways to sell all the shares from one entity to another all at once that won't tank the shares, but I'm not totally sure.
I know, at a minimum, the dollar amount has changed over the years (gone up) but I'm not certain if the percentage has changed.
So if they can realize all of that at current price, a lot. Enough to keep running for many years.