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> Mainly because if he chose not to follow-on with funding, he would likely be killing the startup before it even really got going. Good point. I'm pretty sure

• jacquesm 17y ago
  That's true, but the chances of finding follow up funding are larger anyway if you already have a seed fund backing you. The one things most VC's are scared of is being first (and the other thing is having missed an opportunity). It's a fine line between those two...