2 ms·
Sam is right.... VCs put a line in the sand and everyone gets into a tizzy. Then you say to them "listen, I gave prorata to my early supporters and I intend to
by jasonmcalacanis 11y ago
Sam is right.... VCs put a line in the sand and everyone gets into a tizzy. Then you say to them "listen, I gave prorata to my early supporters and I intend to keep my word and reward them for their support."
The VC then has respect for the founder and say "OK, let's do it."
If they don't respect the prorata of the existing investors you need to ask yourself if this is the right VC to have as a partner. If they are so encouraging of you to screw your existing partners, how do you think they will treat you in a down market?