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Special: Ho Nam from Altos Ventures — A Different Approach to VC
Acquired
What's the Point of No Fee, No Carry?
The public markets currently believe it's worth about 60 billion dollars. At two and a half billion, we told the company, you know something, thanks, but no, thanks, we're not going to be part of this tender process. We wanted to give em a chance to roll over on a no f no carry basis. And then fast forward later, there was another round.
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