VCs Who Claim to Always Exercise Pro-Rata Rights Are Lying
Mo Koyfman · Mo Koyfman: The Secret to Winning in Venture; Why Small Funds Outperform Large Funds | 20VC #915 · 20VC with Harry Stebbings · Aug 8, 2022 · at 28:08
Mo Koyfman, founder of Shine Capital, responds to host Harry Stebbings regarding VC firms using promised guaranteed pro-rata as a competitive advantage.
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“Anybody that says they do pro rata always, I think, is lying. I just, I don't believe that to be the case, and I've seen enough, I've been in venture long enough to know that that's total bullshit.”
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