The Litmus test for Investing
20VC with Harry Stebbings·2026-02-23 17:07
If I invest in this round at this price and the company executes, do I want to put more at a higher price. That's the litmus test. It's to say, all right, say I invest in a company at 5 billion and it does super well this year.Is this a big enough idea. Is this generational enough. Is this transformational enough.Is the founder amazing enough that if in 6 months they wake up and say they want to raise at 10, that I'm going to want to do. ...