As we all think about improving venture capitalists Imagine if there were no Pro rata rights And you had to earn it each time
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Replying to @jasonlk
No pro rata rights and no expectation of pro rata is the true way to make it all earned.
1 reply 3 retweets 15 likes -
Yes although wouldn't that likely increase initial ownerships?
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I think "ownership percentage" is the biggest VC red herring. Goal should be to put the most money in at the best price possible.
2 replies 2 retweets 12 likes -
This change would also potentially adversely affect companies more than VCs, perversely.
2 replies 0 retweets 3 likes
Potentially yes, for optics, until the culture around pro rata / participation was changed. VCs should be less sheep and make own decisions!
9:40 AM - 29 Jun 2017
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6 likes
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