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Satya Patel on the state of VC, flexible investing frameworks & converting to evergreen | E1715
This Week in Startups
The Chaos of the Seed Stage Investors
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There's going to be a big divergence in points of view around the investors from the very latest stage and those who invested at the middle stage. Those folks will not have a choice because the way the documents are done, they just get dragged along into the public market. The bad behavior is crazy. I'm already having this in my portfolio, just predatory rounds, people jumping the fence, blocking things. It's gnarly and it's not fun.
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