I'm also curious why 4/7 were cut -- was it that they were mediocre teams/products that Wertz didn't want to fund, or was it just that you ran out of money in the bridge period? It seems unlikely to me the latter, or you would have tried to structure some kind of bridge (or asked the teams to do this themselves by not drawing on the line of credit, which seems to be your only marginal cash expense per team). How else would you pick which companies to keep vs. eject?

I'm not trying to be a dick, but when you burn people (even unintentionally or with the best of intentions), it makes it harder for everyone else to do deals.