The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Large Seed Rounds Increase the Chances of Success | When to Sell in Venture | Why Multi-Stage Firms Do Not Do The Work | Is Europe Totally F****** and Why AI Means London Can Compete with the US with Hussein Kanji
Hussein Kanji
So we followed, but as a $28 million first fund, which is what we were, it's hard to follow your capital. And then we had a weird scenario in that particular company where our pro rata rights got taken away from us. And in the legal documents, they changed the definition of who would get the pro rata, basically singling us out.
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