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Within the Tech Industry, an Urge to Cash Out

23 pointsby Bylineralmost 14 years ago

3 comments

pgalmost 14 years ago
"Employees have become more interested in selling, in part because companies are taking longer to go public."<p>More like the other way around. Companies are no longer in such a rush to do public offerings because they can now achieve the same things from a private round.
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jsmcgdalmost 14 years ago
Can we not now clearly see that this isn't a 'bubble' (an industry wide overvaluation) but a localised problem? Yes there will be ramifications if the handful of companies like Facebook's value implodes but it won't be typical industry/economy crippling fallout that follows a normal bubble popping. Agree?
mbestoalmost 14 years ago
&#62; <i>Out of $946 million that Groupon raised from investors last winter, $810 million went into the pockets of the chief executive, Andrew Mason; the chairman, Eric Lefkofsky; and others.</i><p>Really? Anyone have a source to back that up? That seems a bit far fetched.
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