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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
Mamoon Hamid
Because as you know, Harry, we have to get our ownership at the early stages where you're investing $5 to $10 million for 15 to 20% for the math to work for our funds. And it can't be done if you're investing $25 million at 750 post out of an early stage fund.
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