The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Investing Lessons from FC Seeding Uber, Airtable and Coupang | Why Pro Rata is the Original Sin in VC | Why Liquidity Has Died in 2024 | Why LPs are Pissed with VCs | The Hard Truth About Seed Fund Economics with David Frankel @ Founder Collective
Harry Stebbings
I totally agree with you. Worst question LPs ask and I get in trouble for this is, what themes do you like? I'm like, that's the most lazy LP question. Do you know one thing that I think can be quite lazy in our landscape though is pro rata. So many funds that I see and operate today, yeah, we'll just do pro rata. It's like an easy option, an easy get out.
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