This article by Berber Jin originally appeared on theinformation.com on Sep 13, 2021: Startup Founders Use Record-High Valuations to Cash Out Earlier
Earlier this year, Pipe raised a new round of funding led by investment firm Greenspring Associates that valued the financial software startup at $2 billion. As part of the round, Pipe co-CEO Harry Hurst also sold an undisclosed number of his own shares in the company, which he had co-founded two years before.
