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by staunch 5193 days ago
So what are your thoughts on the "signaling" issue if you only follow on in 20-30%? What do you recommend the other 70-80% tell investors?
1 comments

1) we are quite clear with our companies that we are aligned in the goal that they need to perform to receive future funding from 500 (as well as others)

2) 500 is usually a minority investor in following rounds, so decisions still likely made primarily be lead investor

3) if companies and follow-on investors are more worried about our decisions & subjective assessments rather than the company fundamental business metrics, then there is already a problem.

we are in this business to be successful and make money. much as aim to help all of our founders, we sincerely hope they are too.