Investors
Example · Board of 3I have conviction on this deal. Walk me through the strongest reasons I'm wrong.
Chief of staff
This one needs a board: The Investor, The Strategist and The Skeptic. The Investor thinks like a board, an LP, and a downstream acquirer at once. Each researches alone first, then they react to one another — and on a decision, two of them take opposed sides.
The InvestorVC Partner
The StrategistCompetitive Expert
The SkepticRisk Assessor

Asked first
Are you after the biggest outcome, or the most certain one?
The biggestThe most certainNot sure
The board’s call
Take 50% of pro-rata, sell 25% into secondary.
100% pro-rata in a single position concentrates portfolio risk too much at this fund stage. Secondary at current valuation crystallizes paper gains into usable capital.

The Skeptic disagreed
“Selling secondary may trigger ROFR or board notification — check your docs”
Board of 3 · up to 135 credits on the card · an example, not a recorded run









