I used to think the illiquidity of investing in private com… - Auren Hoffman

" "
I used to think the illiquidity of investing in private companies was a bug.
but I now realize the illiquidity is a feature:
by default you become a long-term investor.

Auren Hoffman

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Alternative Names: Auren Raphael Hoffman

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Originators like Auren Hoffman:

Peter Thiel Paul Graham Warren Buffett Ben Horowitz Guillermo Rauch

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I used to think the illiquidity of investing in private companies was a bug. but I now realize the illiquidity is a feature: by default you become a… - Auren Hoffman

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Additional quotes by Auren Hoffman