260. Venture Capital Is A Game, feat. Sunny Han, Founder & CEO of Fulcrum
Sunny looks at VC as a game, one that has rules. You can still choose to play with people good people, but know that they have objectives that may not be the same as yours.
Go behind the scenes to see how VCs think, invest, and evaluate early-stage startups.
Sunny looks at VC as a game, one that has rules. You can still choose to play with people good people, but know that they have objectives that may not be the same as yours.
After raising in the bubble of 2021, the next raise proved both challenging and humbling.
VCs push founders for growth. Founders push their teams for growth. But is all growth the right growth?
The Seed Crust is the perfect storm of multiple market factors converging at once.
If all Seed & Pre-Seed funds shift just 5% of their allocation from first checks to follow-on checks, there will be $3 billion fewer available for first checks.
What to say when asked about your valuation expectations. And don’t forget to negotiate valuation!
A year after the boom-times, raising another funding round was a different story.
Unsure of whether or not he wanted to raise, Alex found himself with term sheets for both venture funding and an acquisition in mid 2021.
Ever wonder why so few funds lead? There are real risks for a small fund.
Clearly define the depth of legal scrutiny required on each issue to streamline the process.
This past December, SpringTime Ventures led a complicated priced equity round. It was the first round that I ever led and I learned a ton of lessons. The first two are that the relationship between the lead VC and the founder is the single most important thing. Second, have great lawyers who know the unknowns.
A VC’s job is to say “no.” Now knowing that, how do you adjust your approach?