Don't Do Bridges Up Front When You Invest in Companies

You're putting bad money, good money after bad money. That is the challenge that we all go through as investors. And you feel terrible with the founder. I am telling my team to let people know that we don't do bridges up front when they invest in companies. If there's new money in a typically our prorata, and if things are going really well, we'll do super prorata. So founders self select for really, the great ones are super carismatic,. They love to convince you, and they're superable to do that.