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
David Frankel
And I can tie them into XYZ company where I'm amalgamating a whole lot of companies and they're the tech play. So we've got PE in this company with us and they're going to ultimately sell to like a bigger PE and they've got a 1X Lickpref and they won't take, they'll literally shunt it into the bigger company because they think their outcome could be better.
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