Today’s great post is from Fred Wilson titled The Fiction of 20%. If you’ve ever negotiated with a VC, you’ve likely heard something like “I need at least 20% of the company to make the deal work.” Fred has a great rant on why this is – is in his words – rubbish.
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When A VC Says “I Need 20% Of The Company”
Today’s great post is from Fred Wilson titled The Fiction of 20%. If you’ve ever negotiated with a VC, you’ve likely heard something like “I need at least 20% of the company to make the deal work.” Fred has a great rant on why this is – is in his words – rubbish.
