Editor's note: Nick Shalek is a Founding Partner of Sutter LLC. Previously, he worked at the Yale Investments Office, the firm responsible for managing the Yale Endowment.
Liquidity fever is in the air in Silicon Valley. I felt this viscerally last month when a friend from Facebook came to me to talk investing. A talented engineer who has been at the company for more than five years, my friend just reaped a…
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