Coatue Prefers Continuous Follow-On Investments Over One-and-Done Round Participation
David Schneider · David Schneider: Why the Worst VCs are "Seagull VCs" & VC Value Add - Is it Real? | E1200 · 20VC with Harry Stebbings · Sep 11, 2024 · at 50:06
David Schneider, General Partner at Coatue, explains Coatue's reserve strategy and continuous investment approach across funding rounds for portfolio companies.
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“It's continuous. It doesn't always mean we participate every round, right? So sometimes things get too expensive, and we'll make a choice that Our risk adjusted rate of return for that deal isn't something we want to pursue at the same level as we would have been earlier around. We will try to participate every time we can, and if the prices are right and the business is executing well, we're going to definitely layer in.”
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