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paulg's profile
Paul Graham
Paul Graham
Paul Graham
Verified account
@paulg

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Paul GrahamVerified account

@paulg

paulgraham.com
Joined August 2010

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    Paul Graham‏Verified account @paulg 16 Apr 2015

    If an investor wants more than their pro-rata in the next round, it means they think you wouldn't voluntarily choose them.

    2:28 PM - 16 Apr 2015
    • 37 Retweets
    • 72 Likes
    • Abhiroop Bhatnagar Spencer Stojic Ben Mawhinney matt knox @EarthMission Jerry Lee Jen S. McCabe Events Reign Dayra ⋆
    4 replies 37 retweets 72 likes
      1. Pascal Levy-Garboua‏ @2pasc 16 Apr 2015
        Replying to @paulg

        @paulg or that they would not think you could invest more than your prorata...

        0 replies 0 retweets 0 likes
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      1. John Glasgow‏ @j_glasgow 16 Apr 2015
        Replying to @paulg

        @paulg or they can't do math cause if the whole round has that term than you're raising more than 100%

        0 replies 0 retweets 0 likes
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      1. RajaJasti‏ @RajaJasti 16 Apr 2015
        Replying to @paulg

        @paulg and they are incentivized to see your valuation low. not aligned with the startup.

        0 replies 0 retweets 0 likes
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      1. Peter Teneriello‏ @_PeterT_ 16 Apr 2015
        Replying to @paulg

        @paulg Or they're rebalancing their portfolio and trying to deploy more capital? Record times for distributions lately.

        0 replies 0 retweets 0 likes
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