20VC: Shervin Pishevar on The Epic Uber War and What Really Happened in the Firing of Travis Kalanick | Raising $15BN to Win China | Why The Traditional Venture Capital Model is Dead | The Future of Quantum and How We Will Cure All Diseases in 10 Years

1566.663 - 1592.146 Shervin Pishevar

And then Google didn't want to share. They want the whole $250 million allocation. And Travis didn't want more dilution. And so my solution to that was what's called Waverly Loans, which no one had used in 30 years. But I used Waverly Loans to structure my secondary purchase of shares from an early founder when Travis let me become an advisor and investor directly when I left Menlo.