Why LP’s Passed on Seed Funds 10 Years Ago (And What’s Happened Since)
View from Seed
JANUARY 13, 2021
First, the winners in most portfolios don’t often have a true recap round. That said, we definitely don’t bank on this as a firm, even though we do see ourselves playing a multi-turn game with all of our later stage coinvestors. This requires some increase in fund size even with a fairly modest sized portfolio.
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