Y
Hacker News
new
|
ask
|
show
|
jobs
by
TheSpiceIsLife
2437 days ago
The whole point of fast growing startups with ever-increasing valuations is to enable early investors to cash out at huge multiples.
Everything else is a side show.
2 comments
enkid
2437 days ago
Sounds like a Ponzi scheme
link
barry-cotter
2437 days ago
Yeah, Amazon and Google are totally Ponzi schemes.
link
Thorrez
2437 days ago
How do they generally cash out? Sell to other investors? IPO?
link