I confess I'm not intimately familiar with the details of how VCs typically work... | Hacker News

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		TillE on Feb 23, 2017 \| parent \| context \| favorite \| on: An Open Letter to the Uber Board and Investors I confess I'm not intimately familiar with the details of how VCs typically work, but I'm pretty sure you usually can't just "pull" your investment.

danpalmer on Feb 23, 2017 [–]

Correct, you can't. You have shares and typically need board approval to sell those. Even if the board might give you approval, the admin required to make that happen and get it in writing means it's unlikely to happen in practice.

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