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 if you're hot, I'll invest at the market clearing price. And if you're not hot, I'll get a deal. And otherwise, I'll just won't invest at all. Or orphan you. Right? So it's basically like call option time all day long. Whereas if you look at us, if you look at seed funds, a whole incentive is to get you funded.
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