3 ms·
> If LP's are willing to fund automatic pro-rata it's pretty clearly in YC's interests to take them up on it. This assumes that automatic pro-rata is a winning
by Judgmentality 6y ago
> If LP's are willing to fund automatic pro-rata it's pretty clearly in YC's interests to take them up on it.
This assumes that automatic pro-rata is a winning investment strategy. YC's goal ultimately is to turn money into more money, or at least that's (almost certainly) the most significant metric of success for them.