@lants I just can’t imagine any bankers passing on any of their upside to founders. If the founders need the injection, then was it a good deal for them in the first place?
10 years ago today @aaronsw took his own life after overly aggressive prosecution.
He invented internet infrastructure.
He defeated the greatest threat the Internet had ever seen.
And you probably don't know who he is.
You should.
Here’s his story 🧵
@jefielding@E_Scallon And does a company being not a good fit for VC mean that they aren’t a good fit for pre-seed/seed? There are plenty of other exits that
Must be time to launch a new accelerator. We’ll take some equity, force a proforma document on you, introduce you to a few people who haven’t done anything, and watch you pitch poorly. Then congratulate ourselves on having incubated dozens of startups. #winningformula