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I think you are reading too much into it. Different investment funds, angels, syndicates have vastly differing strategies, goals, and funds available. A smalle
by bigtunacan 11y ago
I think you are reading too much into it. Different investment funds, angels, syndicates have vastly differing strategies, goals, and funds available.
A smaller fund might invest across a series of funds, but not have deep enough pockets to follow the money even if they have pro rata rights. In comes the larger investment firm with lower risk tolerance (potentially) for the series A. Win win win.
- curiousjorge 11y agoNo you are right about that. I was a bit overdramatic but I'm skeptical when a vc can say oh we don't do travels or hey just not really our specialty be cause there's no way that all 7 of them would have the exact same policy. Some hedge funds,or pension fund has one clear strategy they are legally bound to but all 7 vc in this case displayed the same response or none at all. Clearly there was someone that did end up investing in them and to be fair if they didn't respond it doesn't mean anything. They could've been just very busy or slow at typing emails, just follow up until they reply with a yes or no.