Lemkin: when a late $100M check can 10x, why did I bother getting in early
Jason Lemkin · Zuckerberg Back on X Challenging Codex & Claude Code | SK Hynix’s $26BN IPO · 20VC with Harry Stebbings · Jul 16, 2026 · at 43:05
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Save the cut (mp4) →“And when everything can exit north of twenty billion, you know, it's I, even me, like I have an investment with a hundred million dollar position that took me years and years and years to get to right now. And then just watching a growth round where someone comes in and invests a hundred million, like what, why did I bother? All the drama, all the years, all the, being the only guy at the board meeting when someone just drops a hundred million dollar check, if that can grow an order of magnitude, what's, what's the point of being the guy any earlier than there, right? No, no existential point. I don't love the craft. Who the hell loves the craft?”
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