The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified cover image

Investor Stories 468: Selling Too Early, LP Pressure, and Investor Tension — Lessons from Investors at Foundry Group, Centana Growth, and Andreessen Horowitz (Levine, Byunn, Ulevitch)

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified

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Founder Consent and Fiduciary Duty

Eric says Centana never forces exits over founder opposition and balances founder support with fiduciary duties to LPs.

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