Fred Wilson On Lockups and Insider Selling

Fred Wilson, a managing partner at Union Square Ventures and author of the blog A VC, has a good post called "Lockups and Insider Selling" that is a good read.  He begins the post by pointing out that the job of a venture capitalist to return capital to limited partners, and then says it again.  He continues by discussing why VCs typically don't hold on to their stocks after a lockup expiration.  Its a good post and worth a read.  Here's the link:   http://www.avc.com/a_vc/2012/08/lockups-and-insider-selling.html