No, this is the exact opposite, it's the anti-1999. He's offering late stage companies this deal - don't IPO, stay private, avoid the IPO and the making a bunch of connected Wall Streeters rich on your IPO pop (money that should have gone to the startup instead), and sell a large portion of your equity to us instead. We'll not only make a large enough investment that it's a viable alternative to what you would take in an IPO, but we'll also act as active advisor that helps scale your business (and we're the team that scaled Facebook so we know what we're doing).
It's a compelling offer for any founding team still in control of their unicorn startup and who is still in it to build a great business.
It's a compelling offer for any founding team still in control of their unicorn startup and who is still in it to build a great business.