[kentgoldman]

Everything comes out of the fund's carry. Founders give up nothing. We want to work with founders who believe they will each be creating the most impactful company in the portfolio.

But this is about much more than diversification, it's about the community that forms when the founders have an interest in one another's success.

[davemel37]

I am no expert, but do you think this will create, "too many chefs in the kitchen?"

In my experience, buying love is not nearly as effective as winning it.

When a founder helps a fellow company out of the goodness of their hearts or just for Karma, or with hopes of reciprocity, that help will likely be more valuable than a bunch of founders who feel somewhat invested in the other companies and maybe think they know better.

I think this is an interesting experiment...but I wonder how this will actually play out. I can see it having the exact opposite effect you are hoping for.