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Why VC’s Don’t “Crossover” Invest

Agile VC

Of course a VC firm that has stellar performance will often attract new LPs interested in investing, or conversely one that performs poorly will have existing LPs drop out. Suppose Acme IV invests in the Series D and 6 months later there’s an acquisition offer for Startup X that’s 50% higher than the Series D post-money valuation.

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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.