Sean Sheppard, Founder of GrowthX Fund: 'the new formula' for pre-Series A investing

'the traditional venture model is broken for pre-Series A investing...but we cracked the code' SOLUTION: "We have a simple clause in our LPA that allows us to invest fund capital, not just in writing a check to help the company, but in paying people to help them in exchange for additional equity at a minimum of a 50% discount on that equity."