seed

“We're going to keep our firm together. We're going to make the same number of investments each year, 10 to 12. But instead of having an ownership target that forces a certain check size, so, and so forth, we're going to write most checks between a hundred K an…”

“That said it's not clear to me that, that construct needs to exist at seed and pre-seed in a way that necessarily, like, makes the company better off. And so typically what I see is that there are cases where, like, the founder wants to form a board, they want…”

“Every startup that I invest in at C, like, I have no expectation of ever seeing liquidity for a decade, right? The seven year, I don't know where the seven year thing came from... A decade is the norm.”