PeHub reports that Tony wanted to IPO, but Zappos's VC backer, Sequoia's Michael Moritz, craved liquidity and forced the sale. This jibes with a survey we reported that showed, more than anything else, VCs these days are "very worried about exits."
VCs Forced Zappos CEO To Sell To Amazon Rather Than IPO (AMZN)
Posted by
WayneLiew under News
From http://www.businessinsider.com 5393 days ago
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