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What happens to his relationship with Founders Fund? A venture investor can't sustainably direct opportunities to multiple vehicles that have the same/overlapp
by ispivey 14y ago
What happens to his relationship with Founders Fund?
A venture investor can't sustainably direct opportunities to multiple vehicles that have the same/overlapping mandates.
- amirmc 14y agofrom the article: "...predicts Mithril’s average investment will be north of $20 million" That doesn't sound like overlapping mandates to me. A more interesting question would be around the (potentially confusing) signalling issues if Founders Fund didn't follow-on in a later investment but Mithril did come in.
- maxko87 14y agoOn the other hand, it allows Thiel to stay involved in every stage of fundraising, coming in and leaving as early and as late as he wants. Really, sounds like a good way to hedge his bets, and open up a new arena for him.
- deleted 14y ago[deleted]
- pbreit 14y ago1) Yes, one can (are you concerned about ability, rules?). 2) If there's any overlap in mandate now (debatable), it will likely lessen now that Thiel has this vehicle.