3 ms·
You said in FAW that you would have sold Viaweb for peanuts if you had the opportunity. Luckily the low offers fell through. Why not add a new fund to YC for t
by staunch 15y ago
You said in FAW that you would have sold Viaweb for peanuts if you had the opportunity. Luckily the low offers fell through.
Why not add a new fund to YC for the purpose of partially cashing out founders, as an alternative to them selling early? This seems to be a missing component from the "what would have helped us at Viaweb" strategy.
- pg 15y agoWe have been actively encouraging later stage investors do to this, and it is now very common.