To Follow On or Not to Follow On
This is going to be BIG.
SEPTEMBER 7, 2012
So, the idea that it's a good or bad idea to follow on, or to play in certain stages versus others--honestly, it's a lot of marketing hype and anecdotal stories that really don't play out across the law of large numbers. If you're a multi-stage investor, I get this. Down from what? Picking winners based on more information.
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