VCs and accelerators take a portfolio approach and focus on high-risk high-return unicorns, while founders and employees are encouraged to give 100% to one company at a time.
This leads to founders and employees having all their eggs in one very high risk basket, typically until exit.
So, if you could, would you trade or swap your shares on a secondary market in order to get liquidity / diversify your “portfolio”?
Has anyone done this successfully or got any alternative strategies to mitigating / diversifying the risk?