Oct 4, 2009
Why it's ok to sell startups early

Startups operate in a financial system that is inefficient, illiquid, and challenging to manage. More transactions of any kind or size help improve overall startup ecosystem health. Liquidity and transparency serve to grow the market and reward founders more richly.”
Dave McClure. A more detailed model from Fred Wilson.

Making the big picture easy to see, in software and in society at large.
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