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

3194.955 - 3213.765 David Frankel

I literally see this in my mind's eye. And Eric looks at them straight in the eye and goes, I didn't know. The company before, it was so easy in that moment to retrofit how smart I... And he said, I had no clue. He said, the company before was just as interesting and the company after, he said, I had the same high hopes. And I think we're not smart enough to figure out the one.