Remove Entrepreneur Remove Recapitalization Remove Seed Capital
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The Silliness Of Recapping Seed Rounds

Feld Thoughts

So they recapitalize the company. In some cases this turned into nothing, but in a few cases it had magnificent outcomes for me and my gang, along with the entrepreneurs. The entrepreneur and the VC may not care at all, and that’s fine with us, but we’ll remember the behavior for a long time.