Re:Letter from Benchmark to Uber Employees [pdf]
by mark_element on Monday August 14, 2017 @03:33PM
(#15011989)
Benchmark here has quite different time pressure than potential common stock holders. They need to get liquid.
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Re:Letter from Benchmark to Uber Employees [pdf]
by JumpCrisscross on Monday August 14, 2017 @03:40PM
(#15012060)
> They need to get liquid
Benchmark or Uber's employees who hold illiquid common stock?
Re:Letter from Benchmark to Uber Employees [pdf]
by sah2ed on Monday August 14, 2017 @04:05PM
(#15012329)
Benchmark.
At least that's according to this throwaway but highly upvoted comment [0] from some days ago.
Re:Letter from Benchmark to Uber Employees [pdf]
by prostoalex on Monday August 14, 2017 @04:44PM
(#15012687)
The urgency is never quite explained. If Benchmark needs to wind down a fund, they can just distribute shares directly to LPs.
Re:Letter from Benchmark to Uber Employees [pdf]
by prostoalex on Monday August 14, 2017 @04:44PM
(#15012690)
Why?