Season 1 Compilation, Part 1
VC Minute is quick advice to help startup founders fundraise better. This is Part 1 of the Season 1 complication, covering Episodes 1-25.
Go behind the scenes to see how VCs think, invest, and evaluate early-stage startups.
VC Minute is quick advice to help startup founders fundraise better. This is Part 1 of the Season 1 complication, covering Episodes 1-25.
We invest in risky businesses, which means that we feel we’ve got a good grasp on the odds of different types of outcomes, including a zero return outcome. When we hit on uncertainty, that’s when it becomes hard to get to a yes, because uncertainty is where we’re unable to assess the risk.
Happy Friday, everybody. It’s a Friday in July, and do you know, what’s the perfect thing for a hot summer day? A pool party! All the reasons investors say “no” can wash away when the pool party is packed.
There’s a big reason that funds pass or ghost on investments, but they would never share it with founders. It’s entirely subjective and often just based off gut instincts.
Another common reason venture funds say “no” is because they don’t see a path to returning the entire fund from that one investment. Wondering what that means? Here’s more…
When you’re talking to an investor that writes checks at your level, and they’re telling you that you’re too early, here’s the real problem: you haven’t sold them on your vision.
Your competition in that moment are the half a dozen other startups that I have in my diligence process at the same time as you.
Expect that over the next few months, you are going to get a lot of the SHITS from investors.