Smart Friends cover image

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

Smart Friends

00:00

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.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app