TheGlobe.com Founder To Facebook Execs: Sell Some Shares, Now

Silicon Alley Insider - Peter Kafka | June 29, 2008 3:28 PM

Great weekend reading via PE Hub: An interview with TheGlobe.com cofounder Stephan Paternot, who has created a new, post-Bubble 1.0 identity for himself as an early stage investor (among his investments: phanfare, where SAI co-founder Dwight Merriman is a director). The whole thing is worth your time, but if you’re Mark Zuckerberg, or any of the Facebook execs thinking about liquidity, you’ll want to skip right to the last part:

What did you learn about personal money management that you could share with young entrepreneurs today?
I had zero money management experience at the time. I was 24 when TheGlobe went public. I didn’t think to put anything in a bank account and diversify. My advice would be that if you’re company is worth anything, $5 million or $15 million, and you have the chance to take some money off the table, do it!

source: SAI


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2 Responses to “TheGlobe.com Founder To Facebook Execs: Sell Some Shares, Now

  • 1
    Sue Massey
    July 2nd, 2008 04:31

    Do you do blogroll exchanging? If you want to exchange links let me know.

    Email me back if you’re interested.

  • 2
    Dius San
    July 2nd, 2008 06:07

    Hi Sue, it’s OK.

    If you has placed my blog on your blogroll, just let me know … I’ll do the same.

    Thanks for your offered.

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