Some VCs that held onto stakes in startups after IPOs during the bull market, including Sequoia, Menlo, and Altos, have been left with losses as markets drop
Startup investors that held off on exiting investments after their IPOs are left to rue the decision Tweets: @hedgefund Tweets: @hedgefund : Style drift blew them up. Short selling vc-backed IPOs always been very reliable LONG TERM strategy. Much hype goes into marketing new listings, chances that all time high occurs around issue day is over 90% https://www.wsj.com/...