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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

1218.568 - 1238.818 David Frankel

And if you're doing great, if your revenues, if your rule of 20 is like, your rule of 40 is off the charts and you're doing great, amazing. Pro rider doesn't matter. If you're struggling, pro rider is terrible. Why is it terrible if you're struggling? Because you go to the market, you're a stalking horse for XYZ lifetime fund that's on your cap table already.

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