VCs can make decisions remotely. It’s relatively easy to see the incredible ones, & VCs can take risk. You can VC from anywhere
Founders actually are the ones that will prefer to meet f2f after this. Or at least should
They are stuck with that investor for a decade, or longer
Founders actually are the ones that will prefer to meet f2f after this. Or at least should
They are stuck with that investor for a decade, or longer
Founders are taking advantage of the current environment to raise >very< rapidly
If you are worried about the round, that’s the right strategy
But if you have more suitors than shares, it pays to slow it down, up to a point
If you are worried about the round, that’s the right strategy
But if you have more suitors than shares, it pays to slow it down, up to a point
Every time I’ve advised a founder of a “hot” company to slow the fundraising process down just a bit, it’s worked out to their benefit
They find a better fit, or take an external vs internal round, or optimize the size or secondary, etc.
And actually do any due diligence at all
They find a better fit, or take an external vs internal round, or optimize the size or secondary, etc.
And actually do any due diligence at all
A great discussion other day w/Therese Tucker, CEO of Blackline on this
She bootstrapped for a decade. Company wasn’t Hot for a long, long time.
Once she was ready to raise, she took her time. And picked the one she trusted the most:
She bootstrapped for a decade. Company wasn’t Hot for a long, long time.
Once she was ready to raise, she took her time. And picked the one she trusted the most:
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