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When I participate in a Series A deal with VCs, entrepreneur-friendly terms go out the window. VCs remain attached to age-old traditional industry terms. 'Ratchet,' 'carry,' 'vetoes' - you name it.
Gil Penchina
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"When I participate in a Series A deal with VCs, entrepreneur-friendly terms go out the window. VCs remain attached to age-old traditional industry terms. 'Ratchet,' 'carry,' 'vetoes' - you name it."
— Gil Penchina #workcareer

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When I participate in a Series A deal with VCs, entrepreneur-friendly terms go out the window.…

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When I participate in a Series A deal with VCs, entrepreneur-friendly terms go out the window. VCs remain attached to age-old traditional industry terms. 'Ratchet,' 'carry,' 'vetoes' - you name it. — Gil Penchina

About Gil Penchina

Gil Penchina was a Businessman from American (1953–present).

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Frequently Asked Questions

Who said "When I participate in a Series A deal with VCs, entrepreneur-friendly terms go…"?
This quote is attributed to Gil Penchina, a Businessman from American.
When did Gil Penchina live?
Gil Penchina lived from 1953 – present.
What is this quote about?
This quote touches on Work & Career. Browse more quotes on these themes from the categories page.