Plural Partner, Taavet Hinrikus: Why Founders Will Realise Multi-Stage Funds Damage Seed Rounds

20VC with Harry Stebbings
1:02:43
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5 months ago

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Do not be that [ __ ] There are plenty of stores out there of respectable VCs

not picking up the phone when it's a bad times. We are a commoditized uh product. Harry VCs are a commodity. You can press

them down. Fundamentally, the idea of collecting two 2 and 12% management fee

does not really make sense. It does not align us with the outcomes. If we can't imagine 100x, we should not be

entertaining the idea of this deal. Ready to go. [Music]

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