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But we saved everything 🙂.
Joe Lonsdale shared via Twitter an interaction with a friend experiencing liquidity issues despite owning significant shares in a private company. Lonsdale, who suggested selling $10 million worth of shares in the company, noted it is a Qualified Small Business Stock (QSBS), a tax-advantaged investment.
The friend expressed hesitancy about selling, indicating a reluctance to part with their investment. Lonsdale’s advice underscores the potential for leveraging early investments to address liquidity concerns.