Trying to avoid valuation slippery slope. Not buying that if you believe the company can be worth $1B, who cares if you pay $30m or $60m post. Not playing roulette with our LP’s money. Early stage is NOT growth stage investing. There is a lot of upside, but also a lot of risk.
Replying to @bznotes
Like the great Mike Tyson said, everyone has a plan until they get punched in the face. Or in VC world, until they pass on a $1bn company they could have got at 60 post.
9:20 PM - 12 Jun 2019
0 replies
0 retweets
10 likes
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.