rigel

Liquidity Isn't Apple Pie

Interesting article. I've always thought of liquidity as a good thing, letting the market find the optimal price faster.

In response to iThinkBig, I don't see how your interactions with VC firms is a liquidity issue. So many "sure thing" investments existed in the last couple years, that your risk/reward profile wasn't competitive. Now it's obviously quite attractice, as your risk has dropped and many of those "sure things" have soured.