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 in a way, like what you have to do is two years later, you have to try and change those rules altogether again based on what the market's doing. So now today, how does your reserves look? We still have this kind of one-to-one reserve policy, but we actually struggle on our reserves because a lot of the time our good companies- I just don't understand.
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