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So you recommend going with just one firm? We've heard that asking two to co-lead might be advantageous.
by oversubscribed 12y ago
So you recommend going with just one firm? We've heard that asking two to co-lead might be advantageous.
- gregcohn 12y agoI wasn't explicitly taking a position on that issue, but rather suggesting that the "who" is more important than the how. "Co-leads" can mean different things, and in any nomenclature having two funds in roughly equal positions in an early-stage round can be great... and can also have unintended and significant consequences. If you're not aware of these nuances, please add a seasoned advisor to your team asap.