one unexpected thing of the last decade, is that everyone expected early firms to own majority of downstream investing in their best companies. and with very few exceptions this really did not happen.
Sheel Mohnot
Sheel Mohnot16.7. klo 04.43
Interesting- Brian Singerman and Lee Linden are raising a $500M+ fund-of-funds: 20% to pre-seed/seed funds, 80% to partner with those funds leading Series B’s. Smart strategy imo. Industry Ventures runs a similar playbook, has been a great partner to us
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