@GergelyOrosz The reason their secondary was famous is because they structured it as a dividend to common at a time when no other employees had vested stock. They diluted the ownership of their early team for a personal payout. Some investors felt it was unethical and refused to participate.
@Bouazizalex A number of these other data points are wrong, you’re missing the obvious hypergrowth companies— e.g. Groupon hit $1B in less than two years—and aren’t adjusting for inflation.
@pitdesi Same! I spent almost an hour on Thursday dealing with Chase fraud for a wire I sent IN PERSON at a branch to someone I’ve wired several times from the same account.