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People-First Capitalism

Reid Hoffman

And I made a decision not to do an equity round, because I thought it would be a down round. And I said, I think it’s going to be a down round, because people are scared. That probably saved a huge amount of dilution, rather than doing a down round at between $15 billion to $18 billion. as an advisor.

article thumbnail

People-First Capitalism

Reid Hoffman

And I made a decision not to do an equity round, because I thought it would be a down round. And I said, I think it’s going to be a down round, because people are scared. That probably saved a huge amount of dilution, rather than doing a down round at between $15 billion to $18 billion. as an advisor.