article thumbnail

To Follow On or Not to Follow On

This is going to be BIG.

I know, because those people all used to pitch me as an institutional LP back in the day. What's more likely to happen is a flat round, where everyone just tacks on a little bit more money to turn over another card to see if there's anything there or give you just a little more time--which is fine, but you don't have to "protect" from flat.