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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Kleiner Perkins' Mamoon Hamid on Investing Lessons from Leading Rounds in Figma, Slack and Rippling | Lessons Building a Generational Defining Firm with Kleiner Perkins | AI: Where Value Accrues, Startups vs Incumbents & Scaling Laws

1368.705 - 1388.358 Mamoon Hamid

So let's say you're doing over the life of the company, you're investing $25 million in that early stage company, but you're starting out with a $15 million check. And then you're reserving another 10 for the series B and beyond. And it's generally worked out pretty well. So you're 60% initial, 40% for subsequent two rounds? That's a rough, rough math.

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