Revisiting Paul Graham’s “High Resolution” Financing
Both Sides of the Table
SEPTEMBER 25, 2010
Having re-read it, I believe his real premise instead is, “Fixed-size, multi-investor angel rounds are such a bad idea for startups that one wonders why things were ever done that way.. On this assertion, for the reasons that Paul articulates in his post, I’m aligned. When I’m in, I’m in. rings true to me.
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