Turning Silicon into Gold: The Strategies, Failures, and Evolution of the Tech Industry

© Griffin Kao, Jessica Hong, Michael Perusse and Weizhen Sheng 2020

G. Kao et al.Turning Silicon into Goldhttps://doi.org/10.1007/978-1-4842-5629-9_6

6. The Secondary Market

Don’t Wait to Cash Out on Your Venture

Griffin Kao¹ , Jessica Hong², Michael Perusse³ and Weizhen Sheng⁴

(1)

Wynnewood, PA, USA

(2)

Edina, MN, USA

(3)

Cambridge, MA, USA

(4)

Markham, ON, Canada

 

So you’re a cunning and resourceful start-up founder, a younger Jeff Bezos, who has grown your company from two people working out of your parents’ basement to a venture capital-backed major disruptor of X industry. Life is moving smoothly, except for one thing—it’ll be years before you can IPO (performing an initial public offering, the event in which a company begins selling its shares on the ...