![[Thread] As post-IPO prices of some unicorns decline, "guaranteed" returns for late stage private investors, unable to sell shares for months, prove illusory (Gavin Baker/@gavinsbaker)](https://www.goodtoseo.com/wp-content/uploads/2020/01/Thread-As-post-IPO-prices-of-some-unicorns-decline-quotguaranteedquot-returns.png){kind=small}
[Thread] As post-IPO prices of some unicorns decline, "guaranteed" returns for late stage private investors, unable to sell shares for months, prove illusory (Gavin Baker/@gavinsbaker)
Gavin Baker / @gavinsbaker: [Thread] As post-IPO prices of some unicorns decline, “guaranteed” returns for late stage private investors, unable to sell shares for months, prove illusory — 1) Investor fear and the absence – temporary or permanent – of the Vision Fund likely creates more attractive late stage opportunities vs. the last 5 years. […]