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20Angel: Joe Cross
20Angel
The Misalignment Between VCs and Angels
So far, I haven't necessarily seen a head-on crash. But equally VCs are very good at getting what they want sometimes. You've probably seen this more like misalignment on when and what scale of exit should we be looking for. There's a much more clear economic objective to when the fund is being deployed. With most angels I know there's no urgency to get the return.
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