Montana: Seed investors step back once Series A VCs invest larger capital
Joe Montana · a16z Podcast | Hall of Fame Football Meets Venture Capital · Jan 2, 2019 · at 11:09
NFL legend Joe Montana explains the shifting operational dynamic between seed investors and larger venture funds after subsequent funding rounds.
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“Usually when guys like You guys come in, it's, our hands are kind of off of it anymore after that because, ah, they come in with a lot more money, and they have a lot more power behind it, but we're able to disperse and try to help that, that process”
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