late-stage funding rounds
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Sep 25, 2024 by Brad Gerstner · across every show →
Everything said about late-stage funding rounds, oldest first
Sep 25, 2024 bearish
Gerstner: Unnecessary $500M mega-rounds trigger secondary demands and erode employee retention
“You can't go raise another five hundred million and not have pressure from all your employees for employee secondary For spending more money on more projects, et cetera, and the NPV on those other activities will be lower, and the incentive your employees have…”