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> Linkedin is down 38%. Tesla is down quite a bit. My guess is that some VCs were leveraged and had to liquidate positions.

You're not a VC if your money is in publicly-traded firms.



VCs do not liquidate immediately at the IPO or even upon lock-up expiration. But I would agree that this downward pressure is not VC-driven.


Did you think that as soon as a company goes public, VCs get to sell all their stocks?


Tesla and LinkedIn had their IPOs 5-6 years ago, they aren't being held by VC funds. Tableau's major holders also don't include any VC funds:

http://investors.morningstar.com/ownership/shareholders-majo...


Typically VCs have to sell their shares 6-ish months after there's a liquidity event and return the proceeds to their LPs.


Or maybe, this is a crazy idea, some VCs have diversified portfolios that include public stocks.


Personally I'm sure, but that's not how VC funds work. You raise a fund with the understanding it will be invested in new ventures.




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