first round poly

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Jul 26, 2017 by Michael Ma · across every show →

Everything said about first round poly, oldest first

Jul 26, 2017 neutral
Assertion Partly supported
The best micro VCs reserve 75% of capital for follow-on investments
“Typically for micro-receives, I'd say in industry, it's like fifty-fifty, 50% out of fund, 50% on the back end. I'd say the best funds are doing like something like three to one with three being the follow on. I'd say first round poly is doing that. Like some …”
Michael Ma Jul 26, 2017 ▶ 8:27 20VC: Why YC Is The Exact Opposite of Proprietary Deal Flow, Why Having No Follow On Dramatically Aligns Incentives & Why Founders Do Not Have To Be Passionate About Their Idea From The Start with Michael Ma, Founding Partner @ Liquid 2 Ventures
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