Trump assassination attempt, Secret Service failure, Inside the RNC, VC liquidity problem

3916.747 - 3941.005 David Sacks

Well, I think a pretty good solution is what I think Sequoia is doing here and what I've heard other people do, which is if you have a security that's not public yet but is semi-liquid because it's a very late-stage private company, then what you can do is spin those shares into an SPV or to some other vehicle. And you let new investors come in and buy those shares at some price.