I&#x27;d be curious to know what percentage of founders are taking money off the table during these rounds. For as many of these articles that I read I don&#x27;t see much about that. De-risking their personal stake by 3-10M could be a motivating force in these high valuation rounds but I don&#x27;t see evidence either way.  Because on its face these unicorn rounds seem to increase risk rather than reduce it in a few dimensions.