Raoule Duke @PrecisionPref
Late Stage Venture & Occasional Crossover Joined May 2024-
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Likes3K
Primary round happens at nosebleed multiple. Then founders and early employees sell $100M of secondary at a 20% markup while the primary round is closing… bizarre dynamic. Primary gets pref and immediately marks up to 1.2x. Business not even late stage.
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Did customer calls on SemGrep/Snyk/Endor and am wondering if application security (at least SCA and static scanning) gets subsumed by these next gen IDEs where code is generated (Cursor / poolside).. Any thoughts? @BucknSF @jaminball @nottigeranalyst @hhhypergrowth
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