
#053 Rolling Fun #4: Q4 Portfolio Recap, Crypto Long-view, Uncapped Notes, and Fund Growth
Smart Friends
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Early Stage Investing
The time component in any notes but specifically uncapped notes it's just really important yeah. If you get misaligned interest where all of a sudden your investors are hoping for you to get a lower valuation something is brokenYeah and that is why like an uncapped note and something that's going to last more. also it's probably a great a great rebuttal of like i love what you're trying to do let's align interest here, he says.
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