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Re:I sold Baremetrics by feral on Tuesday November 10, 2020 @12:13PM (#25048292)
I thought the VC was generous here. But there's some benefit to being generous.

How many future founders will read that blog?

If you were a founder, would it influence your choice of investor, to know if things don't work out, they will be magnanimous, rather than squeeze?

Re:I sold Baremetrics by RedditKon on Tuesday November 10, 2020 @12:58PM (#25048875)
Exactly this.

It isn't worth it for either of those funds to play hardball over $400k when hundreds of founders will read that, and will ultimately decide if they want the fund on their cap table for the next Uber/Lyft/Data Dog/Airbnb/etc.

I said it before, but it's worth repeating - SV runs on relationships.

Re:I sold Baremetrics by dasudasu on Tuesday November 10, 2020 @12:38PM (#25048596)
I doubt they knew he would make a blog post with this many details. But still, good will can get around through word of mouth.
Re:I sold Baremetrics by andygcook on Tuesday November 10, 2020 @01:25PM (#25049233)
Baremetrics and Josh are known for their hyper transparent blog posts. They even publicly share all their revenue metrics. It’s highly likely the firms knew Josh would write a blog post about the exact exit terms.
Re:I sold Baremetrics by ticmasta on Tuesday November 10, 2020 @01:21PM (#25049191)
He mentions his VCs have always been available and engaged, so I think it's reasonable that they knew he would be open and public about the deal; he always has in the past.