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Why VC’s Don’t “Crossover” Invest

Agile VC

Unlike a startup that might raise equity financing across several rounds all combined in a single balance sheet, VC’s do not simply commingle these funds into a single bucket to be allocated across all the companies in that firm’s portfolio. Why is this?

LP 178
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Interview with Mike Brown Jr. of AOL Ventures

The Startup Lawyer

I’ve known Mike for a few years now and during the conversation I asked if we could turn the chat into a formal interview for this blog. We’re a small fund with $30M of committed capital, so we focus on Seed and Series A opportunities. Do you look at portfolio companies as future acquisition targets? Not really.