
#053 Rolling Fun #4: Q4 Portfolio Recap, Crypto Long-view, Uncapped Notes, and Fund Growth
Smart Friends
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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