🔗 Over on LinkedIN

A post about Hopin - two years ago valued at $7.75B, core assets just sold at $15M (not typos)

Final paragraph reads;

That all being said, the person who did come out of this one looking like a true shrewd player is Johnny Boufarhat, Hopin’s founder. He cashed out nine figures worth of secondaries. He played the game like a pro.

… “he played the game like a pro” - and that right there is the problem … VC hubris and stupidity aside.