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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

3473.802 - 3495.727 Harry Stebbings

I love that. You know, there was one great piece of advice that I was once given by a guest who will remain nameless because he's very, very confidential. I'll tell you afterwards. But he said, Harry, if you're ever willing to take less in a deal, don't do it. So if ever you have 1.25 allocation and you're like, oh, I'm fine to take one, don't do it. Do you agree with that?

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