What happens to his relationship with Founders Fund?
A venture investor can't sustainably direct opportunities to multiple vehicles that have the same/overlapping mandates.
A venture investor can't sustainably direct opportunities to multiple vehicles that have the same/overlapping mandates.
That doesn't sound like overlapping mandates to me. A more interesting question would be around the (potentially confusing) signalling issues if Founders Fund didn't follow-on in a later investment but Mithril did come in.