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
Look, if you kick off and you own on a board less than 15% of that company, I think it's problematic. Certainly in terms of our fund structure, the capital and the cash is infinite in a way, or has been in this era. Your time is not infinite. And at some point, you're gonna think very seriously about your time. To be patient, you need that economic alignment with the founder.
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