The biggest choke point for a firm is that when companies are so, ok, let me take a step back. Vases can be valuable in lots of ways. The way in which they are the most valuable is helping you raise your next round in the best way possible. We've never sued a founder for not sending one, and we're happy to get four a year. As you have that information advantage, give an unsolicited offer. You know where i got that gim. I just at regret. Tred this wuld a hel that from. Well, sequoia started yes with, what's that? Yo, the unsolicited offer was the sequoi inermation
Ben Gilbert & David Rosenthal from Acquired join to discuss David's new venture fund Kindergarten Ventures (00:56), how to structure a VC fund (12:16), Jason's super pro-rata strategy (30:17), podcasting (35:50), and they tease the next episode on "The Mount Rushmore of Venture Capital" (56:11) & more!