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
I don't think they understand that you're gonna, the one in 10, if you're lucky, and those stats are probably not even right, one in 10 get funded, otherwise you're orphaned or you're in a world of hurt because someone that the world thought was like, very, very serious and very smart about. You just said no to you. Go try sell against that. I think it's very, very difficult.
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