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by mikepurvis
2053 days ago
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I don't think anyone's arguing about the wire fees, it's about the tens of thousands of dollars of lawyer time/fees required to hammer out a bespoke contract for what the $800k represents, the terms under which it is changing hands, etc etc. It would be different if you were an angel and that represented more 1% of your total portfolio, but it's just not the case when it's these big VCs. |
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