Today, we’re honored to announce that we’ve closed our inaugural $100M fund to lead pre-seed investments in companies at the frontiers of technology and design.
https://t.co/v2pzZvAOCe
@Jessicameher Definitely lots of risk for the employees here... since big liquidity events are the exception, not the norm, for startups - most employees under this model will be left with loans for low/zero value stock. For many folks, there's substantial value in the *option*