2min chapter

Village Global Podcast cover image

Jerry Neumann on Technological Revolutions, Picking Winners, and VC Returns

Village Global Podcast

CHAPTER

The Value of Follow-On Investments and Pro-Rata Rights

This chapter explores why follow-on investments are crucial in portfolio construction and how the speaker's perspective on the Kelly Criterion has changed. It also discusses the value of investing below the market price and the factors affecting pro-rata rights decision.

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