What’s the exit strategy for Ten31 and its portfolio companies? How do the LPs (and GPs) get liquidity? This is the failure of the modern VC — every operational decision considers (if not is focused on) the exit. And since a fund life is 10 years, every company is trying to flip in 3-5 years.
Discussion
WE DO NOT PUSH FOR EXITS.
SOME PAY BITCOIN DIVIDENDS.
SOME WILL BE ACQUIRED BY COMPANIES LOOKING TO IMPLEMENT A BITCOIN STRATEGY WITHOUT BUILDING IT THEMSELVES.
SOME WILL GO PUBLIC.