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VC Uncovered · Nia Patel, Montage Ventures

The Expensive Passenger Problem

“A VC can either be a very expensive passenger or a third, fourth co-founder for you.”

Transcript

if that capital is not adding anything to you beyond the cap table then I think the opportunity cost there is really high when you look at the landscape of who's out there and who you could potentially be working with yeah yeah and and of course I I bring up expensive passenger but I'm I'm not I'm not finishing the quote that you saw articulately said which is

they can either be an expensive passenger or a co-founder and obviously if you're looking for a co-founder that is basically like finding someone you want to marry right that there's a lot of work that goes into both sides of that relationship and expensive passenger anyone can get in your car

right you know but do you want to be if you're going to be in the car with someone for you know 11 hour car ride you want to make it so it's someone that you can really vibe with so yeah I just think that's super articulate I love that makes you want to jump to another another kind

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