I don't think it diminishes incentive for partners - if anything, it gives them a bigger window to decide who to invest in based on a larger market response - t

I don't think it diminishes incentive for partners - if anything, it gives them a bigger window to decide who to invest in based on a larger market response - though I think for most of them this isn't really necessary as they tend to be forward thinking already (and have spent 3 months with the founders) vs having "herd mentality" and reacting to the market.