@baccredited

thanks for writing this. i used to do most follow-on rounds with at least my prorata to not get diluted. but i found a few fake-unicorns (ex is grove.co) where this strategy didn't work at all. then other real unicorns (like instacart) where investing only once before series A provided incredible returns with no follow-on investments. just presenting a real-life counter argument for a nano scale investor here

0 reply

0 recast

1 reaction