The Silliness Of Recapping Seed Rounds
Feld Thoughts
JULY 14, 2015
So they recapitalize the company. If I was leading a gang of friends (that’s what I called it before the word syndicate started to be used), and that gang had put in $200k alongside my $25k, I’d encourage my gang to do the same, and they often did. And the VC is a firm we have no interest in ever working with again.
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