4 ms·

Pro rata and follow-on I believe.

• pedalpete 4y ago
  As in more $$ will go into follow-on companies rather than letting the bad bets die? Or we'll likely see more money going into follow-on rounds, inflating that end of the market? You could be right.
  • junofan 4y ago
    Oh, follow-on money goes to good bets, and you’d get more aggressive on terms. The good bets get money anyway. I don’t think there’d be much change. But who knows what ppl will do.