The most prestigious law school admissions discussion board in the world.
|
 |
 
|
In VC, taking Questions
Poast new message in this thread
Date: September 12th, 2020 1:01 PM Author: arousing beta location At a small firm. Ask me anything about the VC world? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40908565) |
 |
Date: September 12th, 2020 4:22 PM Author: arousing beta location bump (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909304) |
Date: September 12th, 2020 4:23 PM Author: Alcoholic forum potus why do you exist all stages of funding should be done by angels, institutions/HNW investing principally, ending with bigcorp acquisitions |
|
Date: September 12th, 2020 4:29 PM Author: arousing beta location VCs allegedly have a network that is greater than the sum of its parts (Angel Investors, etc), and you can create a portfolio to spread risk and be a better investment for institutions who don't have the "expertise".
|
|
Date: September 12th, 2020 4:31 PM Author: Amber orchestra pit How was life in Ho Chi Minh City? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909354) |
|
Date: September 12th, 2020 4:32 PM Author: Splenetic Lay Has business dried up since the pandemic began? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909355) |
|
Date: September 12th, 2020 5:24 PM Author: arousing beta location Raising has gotten harder. Valuations are lower, so that's a plus, but the business climate is a bit weaker, but not detrimantally so.
TLDR: No |
|
Date: September 12th, 2020 4:39 PM Author: Magenta Up-to-no-good Stag Film Internal Respiration How to break in? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909387) |
|
Date: September 12th, 2020 4:40 PM Author: Massive bateful famous landscape painting gaming laptop (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909392) |
|
Date: September 12th, 2020 5:28 PM Author: arousing beta location Why do you want to break into VC?
There's a big difference between Sequoia, KPCB, Benchmark, etc, and the smaller funds. It's very top-heavy.
But there are two main ways:
1) Network like crazy to be an associate and then leave after two years 2) Have an exit and be invited to join as a Partner.
2 is infinitely better than 1. |
|
Date: September 12th, 2020 4:41 PM Author: silver hell comp last year? what are you anticipating this year. what level seniority (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909399) |
|
Date: September 13th, 2020 1:43 PM Author: titillating sable menage lettuce (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40913242) |
|
Date: September 13th, 2020 4:49 PM Author: vivacious chapel (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40913972) |
|
Date: September 13th, 2020 5:07 PM Author: arousing beta location Base: $120 + 20-40% of base as bonus. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40914032) |
|
Date: September 12th, 2020 4:43 PM Author: Swollen jet psychic athletic conference what kind of returns do you target?
what industries? |
|
Date: September 12th, 2020 5:30 PM Author: arousing beta location Industries are B2B, and digitalization of industry. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909719) |
|
Date: September 12th, 2020 5:27 PM Author: exhilarant blue hairy legs goyim What do you think of vc lawyers? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909708) |
|
Date: September 12th, 2020 5:29 PM Author: arousing beta location Necessary evil, and expensive. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909716) |
|
Date: September 12th, 2020 5:47 PM Author: exhilarant blue hairy legs goyim What makes a good vc lawyer stand out? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909788) |
|
Date: September 12th, 2020 5:30 PM Author: Hyperactive provocative state don’t you have an adverse selection problem as a smaller firm? funding from the top funds seems to pay for itself in the form of higher valuations. listing them in your cap table has lots of tangible (bigger network, operational talent, etc) and intangible benefits.
so the opportunities that cross your desk are basically almost always inferior, no? they’re ones the top names probably already passed on
also do you do series a or later stage investments? the latter seems increasingly like a suckers game |
|
Date: September 12th, 2020 5:32 PM Author: arousing beta location Yes the names that cross our desk are inferior from an inbound standpoint. However, there's outbound reach-outs and you can get traction (co-invest with Sequoia's, be seed lead investors, etc) based on personality and partner's background.
We do series A and seed, but really series A as product market fit is really important to us. Series B + is more growth equity and that's a different ballgame.
|
|
Date: September 12th, 2020 5:39 PM Author: Hyperactive provocative state does vc have a future if ipos never come back? Can m&a and spacs completely replace ipos as the way to exit
i’d probably miss selling overvalued stock to stupid retail investors if i were a vc investor |
|
Date: September 12th, 2020 5:40 PM Author: arousing beta location IPOs never left, and will always be there. M&A is always there. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909758) |
|
Date: September 12th, 2020 5:43 PM Author: Hyperactive provocative state they’re well under <10% of all vc exits and all the money in private markets suggests they’re going away for all but the zooms and ubers of the world
how would a financial sponsors investment banker make money from you? ie how do they add value, assuming any do? i bet you hate sell side bankers (99% of vc guys do) |
|
Date: September 13th, 2020 12:35 PM Author: Poppy violent base bbw i did ibanking years ago
we don't make money from vcs. all our pitch decks have PE firm names on them and if u want to know my team's breakdown of revenue it was 85% from corporates and 15% from pe and misc like getting some kickback leveraging our cap markets for bundled financing M&A/lbo deals
pe firms get GIANT DISCOUNTS in fees but we deal with this shit because even a large corp may only do 1 deal every few years, but PE firms have such high volume we're constantly sucking their dick cause it's a familiar dick. similar to whores preferring 1 sugar daddy paying them less but is a regular customer for 10 years vs pitching 10 sugar daddies who only have 1-2 fuck sessions to give. |
|
Date: September 12th, 2020 5:36 PM Author: umber property how much do you make (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909741) |
|
Date: September 12th, 2020 5:38 PM Author: arousing beta location Base: $120k + bonus ($24k to $48k) (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909748) |
|
Date: September 12th, 2020 5:38 PM Author: umber property seems very low (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909751) |
|
Date: September 12th, 2020 5:41 PM Author: Swollen jet psychic athletic conference Lmao (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909761) |
|
Date: September 12th, 2020 5:43 PM Author: silver hell (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909770) |
|
Date: September 12th, 2020 5:44 PM Author: umber property (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909771) |
|
Date: September 12th, 2020 5:44 PM Author: arousing beta location (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909774) |
|
Date: September 22nd, 2020 1:51 PM Author: maroon home (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40966740) |
|
Date: September 12th, 2020 5:46 PM Author: Hyperactive provocative state seniority?
i’d rather be paid $80k to do vc than $400k to be a corporate lawyer fyi |
|
Date: September 12th, 2020 5:47 PM Author: arousing beta location Senior Associate / VP. Hours are 40hrs/ wk. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909786) |
|
Date: September 12th, 2020 5:48 PM Author: Hyperactive provocative state goddamn son. any carry at least? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909791) |
|
Date: September 12th, 2020 5:49 PM Author: arousing beta location Not yet. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909797) |
|
Date: September 12th, 2020 7:12 PM Author: Filthy clown tank lol (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40910187) |
|
Date: September 13th, 2020 9:53 AM Author: Hyperactive provocative state 100% true. investing >>> worthless rent seeking scribe (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40912420) |
|
Date: September 13th, 2020 1:48 PM Author: Poppy violent base bbw doubt that
if u wanna cold call 40 hours a week email me
i know plenty of firms including surveymonkey who will pay u $80k for that |
|
Date: September 14th, 2020 9:15 AM Author: arousing beta location I do very very little cold calling. Maybe 5% of my time is emailing potential portfolio companies. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40916840) |
|
Date: September 12th, 2020 5:46 PM Author: contagious library personal credit line How many hours do you work per week? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909782) |
|
Date: September 12th, 2020 5:48 PM Author: arousing beta location 40 (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909789) |
|
Date: September 12th, 2020 7:10 PM Author: slippery space mental disorder Damn son I’ll make 500 this year as a lolyer (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40910181) |
|
Date: September 12th, 2020 7:15 PM Author: Poppy violent base bbw v10? how many years in biglaw (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40910206) |
|
Date: September 13th, 2020 1:46 PM Author: titillating sable menage lettuce Does this career path offer a track to being a partner or getting the real $$? What’s the timeline?
Do you have to live in the Bay Area on that salary? |
|
Date: September 13th, 2020 2:26 PM Author: arousing beta location There is often no path to being partner. Unless it’s explicitly stated at joining that you’re on partner track, which is rare, you don’t become a partner unless one day you Somehow do. No guarantees. Often, this comes at the expense of someone else getting booted. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40913434) |
|
Date: September 13th, 2020 11:11 PM Author: titillating sable menage lettuce So what’s the payoff here? If you stay an associate for years, that’s the end game and your salary keeps improving? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40915734) |
|
Date: September 27th, 2020 5:18 AM Author: arousing beta location No the most likely scenario is you get a first look at a port co and join as a bus dev director, etc. I did it cause I just wanted to try it out. I have no illusions I’ll make partner. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40994399) |
|
Date: September 16th, 2020 9:52 PM Author: titillating sable menage lettuce (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40932492) |
|
Date: September 13th, 2020 5:59 PM Author: Motley scourge upon the earth sorry did you say VC or associate-level corporate banker working in NC office of wells fargo? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40914263) |
|
Date: September 12th, 2020 5:54 PM Author: Alcoholic forum potus what's with VC's that get booted acting like they wanted to leave/start a company all along (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909822) |
|
Date: September 12th, 2020 6:04 PM Author: arousing beta location Partners get booted all the time and it can be a toxic/ drama filled environment. When you’re unwelcome, you’ll know it. I’m seeing it with one of the associates and partners today. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909871) |
|
Date: September 12th, 2020 6:28 PM Author: Alcoholic forum potus I mean associates who have been on a prestige maximization / risk minimization path their whole life suddenly acting like they're startup material after getting the rug pulled out from under them (like you're not getting promoted) (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40909986) |
|
Date: September 12th, 2020 7:03 PM Author: Poppy violent base bbw can u go into more detail
what do u mean ur seeing it today |
|
Date: September 13th, 2020 2:09 AM Author: arousing beta location As in their actions/ motivations get questioned/ scrutinized more during Monday calls. “Why are you doing this? Why are you not doing this?” Typical corporate politics when they want to push out someone. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40911748) |
|
Date: September 13th, 2020 1:40 PM Author: Poppy violent base bbw god that's demoralizing af
i've seen it before too but it sucks for everyone on the call |
|
Date: September 12th, 2020 7:05 PM Author: Sepia elastic band theater what are the best small VC firms (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40910146) |
|
Date: September 13th, 2020 2:13 AM Author: arousing beta location If you’re good you’re not small since your portfolio co have exits and as a result you’ve been successful at raising funds. Leading indicators have a long tail since gestation periods of startups before they go public is 5-7 years.
In other words, I have no fucking clue, but maybe Emergence, QED? They’re not small but you probably haven’t heard of them. |
|
Date: September 13th, 2020 9:56 AM Author: boyish bistre theater stage stain Does your Firm qualify? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40912432) |
|
Date: September 13th, 2020 1:16 PM Author: arousing beta location No (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40913133) |
|
Date: September 12th, 2020 7:18 PM Author: Filthy clown tank how many of the senior people are rich? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40910218) |
|
Date: September 13th, 2020 2:10 AM Author: arousing beta location Our founding GP is rich. Probably has a net worth of $30M. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40911753) |
|
Date: September 13th, 2020 10:31 AM Author: Poppy violent base bbw that's pretty shit compared to megafund PE (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40912541) |
|
Date: September 13th, 2020 11:26 AM Author: arousing beta location Yeah, we don’t have PE $$ in VC but the hours are a lot better. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40912740) |
|
Date: September 13th, 2020 6:15 AM Author: arousing beta location Taking questions for the next 4 hours. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40912055) |
|
Date: September 13th, 2020 6:22 AM Author: Swollen jet psychic athletic conference what is your personal end game? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40912058) |
|
Date: September 13th, 2020 6:23 AM Author: arousing beta location VC partner (at a Top 10 firm), or start own firm. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40912060) |
|
Date: September 13th, 2020 6:33 AM Author: Swollen jet psychic athletic conference do you think that’s realistic considering that you are currently getting paid like a glorified secretary?
not trying to be rude, but imo people who end up at that level are on the fast track very early on |
|
Date: September 13th, 2020 6:49 AM Author: arousing beta location Agreed, it's not realistic. But a guy can hope.
A more realistic target is Bus Dev Director at a startup/ portfolio co. And then re-looping once there's an exit.
You seem to know more than you're letting on. Are you in the industry? |
|
Date: September 13th, 2020 6:52 AM Author: Swollen jet psychic athletic conference not really. but I worked somewhere where I was never gonna be at the top, so I started my own business in a slightly different sphere. took a while to get my income back up but so much happier (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40912070) |
|
Date: September 13th, 2020 9:01 AM Author: arousing beta location Yeah but starting your own gig in VC is hard without a track record. Raising $$$ is not so easy. And I don’t have family $$$. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40912253) |
|
Date: September 13th, 2020 9:06 AM Author: Swollen jet psychic athletic conference it’s not easy whatsoever
but neither is having to suck miles of cock of those above you for decades of your life |
|
Date: August 4th, 2021 3:29 PM Author: arousing beta location This is so CR. But hard to follow thru. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#42896563) |
|
Date: September 13th, 2020 9:55 AM Author: boyish bistre theater stage stain Why doesn't your income scale with that of other internet posters? I thought VC/PE = $$$$$$$$$$$$$$$$$$$$$$$$$$. Do you just answer the phones or what. What City? You make the same as pedude and he thinks his income is ignominious and he isn't even in PE. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40912425) |
|
Date: September 13th, 2020 10:38 AM Author: Poppy violent base bbw in terms of pay and prestige it goes:
megafund PE > upper mid market > top 5 VC sequoia accel etc. > mid market PE > growth equity > lower mid market PE > large vc > in-n-out manager > small vc
there's nothing to do at the vc stage if ur not a partner. there's no financials. there's no analysis. all u do is cold call and try to get a top startup to take ur shitty deal and preference stack before they ultimately email sequoia which is why it's a winner take all since 95% of startups fail and the good ones know exactly who to email first and it's not going to be nyreal & batgod's VC firm |
|
Date: September 13th, 2020 10:42 AM Author: boyish bistre theater stage stain I prefer the name, "batgod LLC" (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40912583) |
|
Date: September 13th, 2020 10:51 AM Author: Poppy violent base bbw start it up bro u can do it (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40912609) |
|
Date: September 13th, 2020 11:45 AM Author: arousing beta location Pay I agree. Prestige VC firms move up a few spot. Pretty sure Sequoia would be same prestige as mega PE. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40912795) |
|
Date: September 13th, 2020 12:14 PM Author: Poppy violent base bbw maybe, ur focusing on the wrong things
who cares if cross admit battle between blackstone/kkr and sequoia is 70% vs. 80%. or maybe it's 60%.
what matters is can u retire early with a yacht or a few houses or never and just continue wage cucking.
Because when u die ur bones turn to ash and all u had was ur shitty meager blip of an existence |
|
Date: September 13th, 2020 12:19 PM Author: boyish bistre theater stage stain His posts will live on however. Who wants to read about some low-income Loser. At least if he is a Partner he can post a higher income and make the past less ignominious to reflect on for our descendants reading archive.org. What we do in life echoes in eternity. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40912937) |
|
Date: September 13th, 2020 12:31 PM Author: Poppy violent base bbw agreed but he needs to have a plan to get out of this shitty 1st year midlaw salary stage
it's VERY HARD to make partner in a vc firm, it's harder in small shitty ones because if someone is in the position to boost u up to replace them, they would have to quit or die. there's no structure and very little meat to go around all the hungry mouths. and ur entirely 100% replaceable since ur a cold calling machine.
it's actually easier at sequoia to get partner vs. a generic vc or shit vc because if u get lucky and the stars align u may have enough experience in a niche field in a large org to sneak past the door and then get inside. |
|
Date: September 13th, 2020 1:17 PM Author: arousing beta location This guy knows what he’s talking about. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40913136) |
|
Date: September 13th, 2020 4:42 PM Author: Alcoholic forum potus "cross admit"
what makes you think they'd (top VC) ever offer a job to someone who would turn them down for KKR/BX |
|
Date: September 22nd, 2020 2:13 PM Author: Claret Spectacular Fortuitous Meteor Market lol. this is completely retarded
top vc >>>>>>>>>>>>>>>> blackstone. with blackstone, you're managing executives at hilton hotels and jacob's cream crackers |
|
Date: October 2nd, 2020 5:07 AM Author: arousing beta location In terms of lay prestige, I agree with this. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41030936) |
|
Date: September 13th, 2020 9:56 AM Author: flickering honey-headed national security agency Does military experience help in getting hired? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40912429) |
|
Date: September 13th, 2020 12:19 PM Author: boyish bistre theater stage stain (Rudolph) (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40912940) |
|
Date: September 13th, 2020 12:21 PM Author: arousing beta location Not for VC. It’s a + for IB and PE. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40912943) |
|
Date: September 13th, 2020 3:58 PM Author: Hyperactive provocative state (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40913764) |
|
Date: September 13th, 2020 2:27 PM Author: Cream spot do you get carry (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40913437) |
|
Date: September 13th, 2020 2:56 PM Author: arousing beta location At my current level I don’t. That’s where the real $$ is but that only pays out every 5-7 years. And unless you have a monster exit, carry really doesn’t add up to much amortized. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40913574) |
|
Date: September 13th, 2020 3:04 PM Author: Cream spot lol faggot (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40913593) |
|
Date: September 13th, 2020 7:01 PM Author: Poppy violent base bbw my buddy does vc he says the same thing as u
it's all prestige and 0 pay. some of these guys live in SF with 3 roommates in a fucking box apartment. |
|
Date: September 14th, 2020 10:13 AM Author: Cream spot sometimes you hit the lottery/have “vision” and can retire in your 30s/40s (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40917009) |
|
Date: September 14th, 2020 8:44 PM Author: Poppy violent base bbw ask anyone in vc
in those situations u'd rather be in the startup
mark zuckerberg got rich the 20th employee at facebook got rich peter thiel got rich
but even peter thiel's junior didn't see shit, much less some smaller vc firm's associates on those big exits |
|
Date: September 14th, 2020 8:49 PM Author: Alcoholic forum potus peter thiel's junior vc associate at the time is probably a mid level manager at airbnb rn lmfao (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40920425) |
|
Date: September 22nd, 2020 2:27 PM Author: Claret Spectacular Fortuitous Meteor Market not true at all. thiel's junior vc is probably running his own fund now (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40966944) |
|
Date: September 16th, 2020 10:25 PM Author: Magenta Up-to-no-good Stag Film Internal Respiration isnt that why u get into VC? to identify a kushy unicorn to jump ship to? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40932709) |
|
Date: September 22nd, 2020 2:35 PM Author: Claret Spectacular Fortuitous Meteor Market thiel's junior VC can literally raise $$ from any LP to start his own fund. thiel would be his first investor. lol at you (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40967033) |
|
Date: September 13th, 2020 4:00 PM Author: arousing beta location Any questions on what I do on a day to day basis? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40913774) |
|
Date: September 13th, 2020 4:10 PM Author: contagious library personal credit line No one cares (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40913837) |
|
Date: September 13th, 2020 4:20 PM Author: rebellious cuckold macaca what percent of your colleagues have a background in sales/technical/finance background? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40913886) |
|
Date: September 13th, 2020 5:08 PM Author: arousing beta location Sales: 0% Technical: just me Finance: everyone else
|
|
Date: September 13th, 2020 4:44 PM Author: Alcoholic forum potus how embarrassing is it for an ex-VC to have a startup not funded by their ex firm (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40913956) |
|
Date: September 13th, 2020 5:10 PM Author: arousing beta location Not that embarrassing. No one cares. We look at the product-market fit above all else. Someone else investing makes you do a double take, so it's a positive if anyone invests, but not necessarily a negative if your ex-firm does not invest.
|
|
Date: September 13th, 2020 6:08 PM Author: Alcoholic forum potus couldn't a famous angel like Naval just be a seed/A investor instead, what's the difference
how rich do you think a guy like that is |
|
Date: September 13th, 2020 11:15 PM Author: titillating sable menage lettuce Good question. Also who TF is Naval? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40915753) |
|
Date: September 13th, 2020 11:26 PM Author: Alcoholic forum potus https://en.wikipedia.org/wiki/Naval_Ravikant (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40915792) |
|
Date: September 14th, 2020 8:26 AM Author: arousing beta location Admittedly I don’t know much about angel investing except for one key fact:
They are champs at the seed round and thus could have better returns than VCs on a percentage basis since most VCs come in at later seed or Series A. They have an institutional advantage over professional VCs in that they can spray and are faster moving, less bureaucratic.
|
|
Date: September 13th, 2020 11:30 PM Author: Magenta Up-to-no-good Stag Film Internal Respiration Thoughts on rolling funds and their potential? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40915804) |
|
Date: September 14th, 2020 8:27 AM Author: arousing beta location No insight. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40916728) |
|
Date: September 16th, 2020 10:07 PM Author: Magenta Up-to-no-good Stag Film Internal Respiration throw away email? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40932597) |
|
Date: September 25th, 2020 5:56 PM Author: arousing beta location robert.whitestown@gmail.com (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40987220) |
|
Date: September 14th, 2020 8:28 AM Author: Poppy violent base bbw do u manage anyone?
i.e. analysts, summer interns |
|
Date: September 14th, 2020 9:03 AM Author: arousing beta location Nope. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40916801) |
|
Date: September 14th, 2020 9:13 AM Author: Poppy violent base bbw is there anyone below you at least?
if so, what happens when they join, they dont report to u? |
|
Date: September 14th, 2020 9:17 AM Author: arousing beta location They work on stuff for the Partners, and we may work together with me being the Unofficial Lead, without me having direct Chan of command. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40916841) |
|
Date: September 14th, 2020 9:17 AM Author: glittery kitchen crotch How long will you stay in your current gig. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40916842) |
|
Date: September 14th, 2020 10:12 AM Author: arousing beta location 1-2 years. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40916997) |
|
Date: September 14th, 2020 10:19 AM Author: Cream spot after that? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40917044) |
|
Date: September 14th, 2020 10:36 AM Author: arousing beta location Switch to a bigger firm or run a company. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40917099) |
|
Date: September 14th, 2020 4:19 PM Author: arousing beta location Ask me about due diligence.. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40918862) |
|
Date: September 14th, 2020 4:56 PM Author: Sepia elastic band theater how do u do due diligence on a founder/team/company (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40919096) |
|
Date: September 15th, 2020 12:21 AM Author: arousing beta location Founder/ team, we do psych evaluations for what it’s worth. We are pretty hard bent on product market fit as well so that’s a proxy after the fact that the team is legit.
The company due diligence is based off of understanding the competitive landscape which we do by reading analyst reports on the market place, googling and connecting the dots. We also look for key unique selling points that the company states they have, which from what I’ve seen isn’t really challenged. We also do customer reference checks which are laughable.
So bottom line: the due diligence is really looking for information to back the fact that the company has product market fit and why we’ll invest so we can justify our decisions to the LPs. In my firm at least it’s not very forward looking. The lack of forward thought/ independent insight is remarkable. Ultimately, we’re a bunch of guys making bets hoping to get lucky, and the due diligence is more to justify capital calls than anything else. Not very different from what IB analysts do.
I do believe there are VC firms out there with more insight than us, but not too many. The point about whether we’ll exclusively get shitty deals as a no name brand VC I don’t completely agree with - you can establish ties with hot startups by connecting with them even if you’re a shitty firm if you have something in common with them.
|
|
Date: September 15th, 2020 6:41 PM Author: Sepia elastic band theater ty (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40925445) |
|
Date: September 14th, 2020 8:59 PM Author: Lavender cruel-hearted incel rigor Why are you so excited to take Qs? For someone in VC, you seem to know very little about it. No opinion on rolling funds? LOL, bud it's one of the biggest (if not the biggest) innovations in your space this year. I feel like I know more than you about VC based on spending a couple years at a startup.
The only insight you've had is that the economics of VC firms are very much captured by the top partner(s), despite VC firms increasingly calling everyone a "partner." If you're smart and technical, you should start a company. No in-demand founder is going to want some 31 yr old with his own "VC firm" investing if he has any real options, so you'd only get the shitty opportunities. There are rare exceptions (e.g., Fred Wilson), but most of the people who do really well in VC have been a successful founder or at least at a really high level exec of a company that had a big exit. |
|
Date: September 14th, 2020 9:02 PM Author: Poppy violent base bbw (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40920503) |
|
Date: September 14th, 2020 9:02 PM Author: Alcoholic forum potus this guy is likely some VC serving lawyer or VC serving ibanker larping but who cares (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40920505) |
|
Date: September 14th, 2020 9:19 PM Author: Poppy violent base bbw nah i believe OP but it's true there are so many SHITTY vc firms out there. it's a giant distribution, unlike PE where 50% of firms are legit, everyone and their mother is getting into vc or angel investing
and i don't mean just celebs like shaq o neil or jessica alba or ashton kutcher who are actually good and at least have a big wallet. i'm talking ex-oracle ex-microsoft balding 40 year old losers with barely $4mm bucks to scrape together hiring an army of cheap kids |
|
Date: September 14th, 2020 9:28 PM Author: Lavender cruel-hearted incel rigor Meh. Most of the celebrities as VC investors is just them cashing in on their name and ability to publicize products in exchange for equity. It makes a ton of sense in consumer products where the products (e.g., alcohol) is totally indistinguishable when you put aside branding.
Even if you're at a shit VC firm, you'd think youd have an actual thought on rolling funds. |
|
Date: September 15th, 2020 12:23 AM Author: arousing beta location This is correct. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40921527) |
|
Date: September 15th, 2020 7:03 AM Author: arousing beta location not a lawyer. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40922109) |
|
Date: September 15th, 2020 12:50 PM Author: arousing beta location Bump (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40923409) |
|
Date: September 15th, 2020 1:04 PM Author: Lavender cruel-hearted incel rigor You have zero insights, bud. Let your shit thread die. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40923500) |
|
Date: September 15th, 2020 1:34 PM Author: arousing beta location Anyone else who's not a MFE like ^ who's got questions? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40923684) |
|
Date: September 15th, 2020 5:06 PM Author: Alcoholic forum potus Do you value ex FAANG engineers as founders? you see this repeated in reddit and places where they hang out, like "ofc they'll want to fund a 35 year old staff engineer who has never shown any entrepreneurial inclination in his entire life!"
meanwhile actual successful vc-backed entrepreneurs are 20 y/o dropout child prodigies or older tech "vagabonds" with a string of successful exits |
|
Date: September 16th, 2020 5:57 AM Author: arousing beta location What’s most important is the skill/ idea/ grind you bring in. If you launched products end to end and have been working on something on the side with product market fit you’re in.
In other words, the 20 year old has been:
1) working on the entire business end to end 2) shows commitment to an idea and most likely has product market fit 3) can grind
Similarly for the veteran who’s had end to end experience, and has validation thru exits. He’ll be a better fit for B2B since he can hire grinders for him.
Ironically the mid level engineers are too narrow in their scope to both the college drop out and the veteran. In FAANG, you’re hired for a singular task and do it for 10-25 years before your scope starts broadening out again. At FAANG, you don’t do business, you do a task.
If there’s one key above all to VC investing it’s this: “product-market fit”
Hope that answers your question. |
|
Date: September 16th, 2020 11:35 AM Author: arousing beta location Any other questions. Here for the next 30 mins. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40928833) |
|
Date: September 16th, 2020 3:18 PM Author: arousing beta location Bump (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40930065) |
|
Date: September 16th, 2020 3:38 PM Author: contagious library personal credit line stfu fag (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40930235) |
|
Date: September 16th, 2020 3:47 PM Author: Alcoholic forum potus I think a lot of people need to cope and say their shitty work experience is gonna set them up to be a great founder one day
you probably think VC experience is a good background to be fundable and then successful |
|
Date: September 16th, 2020 4:00 PM Author: arousing beta location You internalize what VCs are looking for. So you are more likely to get an “interview” but that’s it. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40930376) |
|
Date: September 16th, 2020 3:21 PM Author: soggy peach hunting ground laser beams are SPACs here to stay? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40930082) |
|
Date: September 16th, 2020 4:00 PM Author: arousing beta location No. SPACs are the product of a roaring tech market. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40930371) |
|
Date: September 16th, 2020 3:39 PM Author: ruddy crackhouse rigpig how does a startup prove "product market fit" to the point where a vc would be interested in investment? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40930245) |
|
Date: September 16th, 2020 4:02 PM Author: arousing beta location Do you have paying customers. Is your customer base growing. Is your ARR/ MRR growing at a 40+ % rate or so. What is your churn like? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40930381) |
|
Date: September 16th, 2020 4:56 PM Author: boyish bistre theater stage stain Why do people with terrific growing businesses need to whore themselves out to assholes who want immense equity stakes in exchange for small amounts of money. Is your business basically "shark tank." (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40930734) |
|
Date: September 16th, 2020 6:03 PM Author: arousing beta location To put fuel on the fire. There’s a limit to how much fire you can have based off of organic growth if your competition eats your lunch before you can scale big enough to ward him off.
Shark tank is not a bad representation at all. Slightly different nuances but the general principle is there. |
|
Date: September 17th, 2020 5:51 PM Author: arousing beta location Anyone else? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40937310) |
|
Date: September 20th, 2020 3:06 AM Author: Alcoholic forum potus 1) convince internet software businesses that don't really need your money to take it 2) ??? 3) profit |
|
Date: September 20th, 2020 7:15 AM Author: arousing beta location This is 90% accurate. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40952984) |
|
Date: September 18th, 2020 7:58 AM Author: arousing beta location Taking questions for the next hour. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40939905) |
|
Date: September 18th, 2020 8:14 AM Author: exhilarant blue hairy legs goyim Thoughts on WSGR, Cooley, Gunderson and Fenwick? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40939922) |
|
Date: September 20th, 2020 7:17 AM Author: arousing beta location No thoughts on the above. I have friends at Sonsini. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40952986) |
|
Date: September 20th, 2020 3:07 AM Author: Alcoholic forum potus https://techcrunch.com/2020/09/15/the-chainsmokers-just-closed-their-debut-venture-fund-mantis-with-35-million/ (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40952817) |
|
Date: September 20th, 2020 7:24 AM Author: arousing beta location Pretty interesting. I wonder how they got connected to Cuban. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40952995) |
|
Date: September 20th, 2020 2:58 PM Author: Alcoholic forum potus you like cuban? doesn't seem too bright to me (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40954733) |
|
Date: September 20th, 2020 3:15 PM Author: soggy peach hunting ground laser beams (guy who doesn't know about the collar) (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40954845) |
|
Date: September 20th, 2020 3:34 PM Author: Alcoholic forum potus he's a scumbag/jock wannabe who made it doing glorified IT consulting (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40954991) |
|
Date: September 20th, 2020 3:41 PM Author: arousing beta location It's not a matter of liking Cuban. It's a matter of fundraising. We're fundraising ourselves and I always wonder how you get connected to potential investors, without going through sourcers, etc.
|
|
Date: September 20th, 2020 3:45 PM Author: Alcoholic forum potus he answers cold emails from college kids they're famous DJs |
|
Date: September 20th, 2020 3:16 PM Author: low-t jewess dilemma How does his ass feel in comparison to his HA persona? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40954854) |
|
Date: September 21st, 2020 1:26 PM Author: arousing beta location Any new questions. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40959637) |
|
Date: September 22nd, 2020 12:04 PM Author: arousing beta location Taking questions for the next 2 hours. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40966064) |
|
Date: September 22nd, 2020 1:49 PM Author: Sepia elastic band theater what r ur thoughts on wgwag (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40966724) |
|
Date: September 22nd, 2020 2:07 PM Author: arousing beta location If you’re in America, good luck! If you’re into it, Europe / South America Is your best bet. This is assuming you’re American, and even if you’re not, but to a lesser extent. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40966837) |
|
Date: September 23rd, 2020 1:23 PM Author: arousing beta location Anyone have questions? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40972694) |
|
Date: September 24th, 2020 9:23 AM Author: arousing beta location Answering questions for the next 30-60 mins. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40977782) |
|
Date: September 24th, 2020 9:24 AM Author: Cream spot what did you do before this? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40977790) |
|
Date: September 24th, 2020 12:54 PM Author: arousing beta location Engineering + Product Management (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40979158) |
|
Date: September 24th, 2020 1:54 PM Author: Cream spot what made you want to jump into vc? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40979557) |
|
Date: September 24th, 2020 2:01 PM Author: arousing beta location Thought investing in startups would be interesting and for the $$, glamour. So far it’s been grossly underwhelming. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40979608) |
|
Date: September 24th, 2020 4:41 PM Author: arousing beta location Any other questions? Here for the next hour. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40980591) |
|
Date: September 25th, 2020 5:43 PM Author: arousing beta location Any Friday specials? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40987137) |
|
Date: September 25th, 2020 5:45 PM Author: maroon home What did the first cock entering your anus feel like? Was it received with an admixture of pleasure and pain? Total delight? Was it someone you knew, a brother, cousin, close friend, father? Or a total stranger that you met at a bar on a rainy night and decided to just "give it a go" for the sheer thrill of it? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40987162) |
|
Date: September 26th, 2020 1:23 AM Author: Alcoholic forum potus who are your favorite VCs (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40989265) |
|
Date: September 26th, 2020 3:33 AM Author: arousing beta location Off the top of my head, as cliched as it sounds, I really liked Thiel. Have to think about this some more. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40989546) |
|
Date: September 25th, 2020 5:45 PM Author: Trip cobalt business firm french chef Ahem (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40987161) |
|
Date: September 26th, 2020 1:25 AM Author: Cream spot how hard is it to get vc funding? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40989267) |
|
Date: September 26th, 2020 2:33 AM Author: arousing beta location Very hard. For every 100 deals we have a follow-up with 10-20. Out of those 10-20, we’ll invest in 1-5 max. The problem is that a lot of guys don’t have product market fit and there’s no path to market dominance for the majority of startups. VCs are still a conservative bunch, and you have to show them why you’ll be a winner - they (VCs) won’t be able to envision it for themselves for the most part. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#40989452) |
|
Date: September 27th, 2020 1:05 AM Author: Alcoholic forum potus Can you honestly say you would've invested in some of these latest tech IPOs as VC stage companies like Snowflake, nCino, what in the fuck are these |
|
Date: September 27th, 2020 5:13 AM Author: arousing beta location Snowflake for sure. nCino I don’t know anything about. The best VCs do two things really really well:
1) vision for the future success of the application 2) grasp of how the general public is going to take an idea. 2) can feed into 1) |
|
Date: September 29th, 2020 9:26 AM Author: arousing beta location Any new questions about my industry? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41007073) |
|
Date: September 29th, 2020 9:28 AM Author: Yellow electric nursing home new version Can an attorney from an "emerging companies" practice at a big firm (example: https://www.cooley.com/services/practice/emerging-companies) ever exit to a VC firm in a non-legal role?
|
|
Date: September 29th, 2020 10:45 AM Author: arousing beta location Impossible. Lawyers and legal experience are seen as support functions if not negatively. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41007523) |
|
Date: September 29th, 2020 10:56 AM Author: Yellow electric nursing home new version 180 fuck law (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41007592) |
|
Date: September 29th, 2020 10:59 AM Author: Hyperactive provocative state They would probably have to do banking for a few years first. The idea of some seasoned M&A lawyer trying to analyze product market fit for a saas business is pretty funny (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41007613) |
|
Date: September 29th, 2020 4:18 PM Author: Alcoholic forum potus i'm chortling that you think banking experience is good (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41009827) |
|
Date: September 30th, 2020 1:55 PM Author: arousing beta location Yeah banking experience is not seen very favorably, except maybe TMT at GS, but that's only for the brand, not for the experience. May be valuable at Growth funds though. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41018946) |
|
Date: October 1st, 2020 12:31 PM Author: Godawful philosopher-king ROFL and a 2 year banking analyst could do better?
Neither bankers nor lawyers are market or product specialists no matter how much you bleat to the contrary. |
|
Date: September 29th, 2020 11:35 AM Author: Curious impressive university tattoo clicked on that link and this was the first attorney bio i saw without doing any searching. this may be the most punchable face in the world right now?
https://www.cooley.com/people/mischi-a-marca |
|
Date: September 29th, 2020 2:28 PM Author: arousing beta location Unhireable in VC for sure. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41009028) |
|
Date: September 29th, 2020 2:29 PM Author: histrionic wine wrinkle heaven yes, but very rare and much harder than it used to be (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41009035) |
|
Date: September 30th, 2020 12:34 PM Author: arousing beta location Ask me about how bad my VC firm’s approach to investing is? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41018406) |
|
Date: October 1st, 2020 12:29 PM Author: arousing beta location AMA (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41025143) |
|
Date: October 1st, 2020 12:36 PM Author: Godawful philosopher-king How much does wokeness/ESG stuff factor into your decision to invest? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41025172) |
|
Date: October 1st, 2020 2:29 PM Author: arousing beta location 0%. We have the reverse problem. We only invest in white firms. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41026028) |
|
Date: October 1st, 2020 6:07 PM Author: arousing beta location bump (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41027758) |
|
Date: October 1st, 2020 6:41 PM Author: ruddy crackhouse rigpig For a Consumer facing Digital product, how much traction Should a company have before approaching VCs? How is traction defined? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41027973) |
|
Date: October 2nd, 2020 12:39 AM Author: arousing beta location Ideally 100% yoy growth to get VCs really interested. But your product will be judged on how much of that growth is organic, and not paid for. Equally important is the stickiness, your MAU and your churn.
Basically you can’t fake your growth. |
|
Date: October 2nd, 2020 1:24 AM Author: ruddy crackhouse rigpig So what’s the minimum time period that a VC wants to see? At least 2 years post release? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41030244) |
|
Date: October 2nd, 2020 5:08 AM Author: arousing beta location No. Month over month in year 1 is also acceptable but you Are strongest the more of a track record you have. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41030939) |
|
Date: October 2nd, 2020 1:10 AM Author: lascivious volcanic crater plaza would you break down your general portfolio by sector for us or nah? if not I'll deduce you're mostly stacking T-bills and G-bills. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41030084) |
|
Date: October 2nd, 2020 5:00 AM Author: arousing beta location We are B2B. Vast majority of our investments have been sensors or business process software. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41030930) |
|
Date: October 2nd, 2020 12:14 PM Author: arousing beta location Any other questions? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41032637) |
|
Date: October 2nd, 2020 2:31 PM Author: arousing beta location Questions? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41033466) |
|
Date: October 2nd, 2020 2:40 PM Author: Curious impressive university tattoo what would you all do, if anything, with a developer that had a proprietary tool of some sort but nothing else? would you invest in this person to help them organize their business and take their product to market if all they had to offer currently was a fully developed set of applications?
for example, say a developer came to you with the next great suite of day trading tools in tow. but this person had nothing else (e.g., an organized business, a strategy, funding, etc.). would you work with them? |
|
Date: October 2nd, 2020 3:28 PM Author: arousing beta location Yes, but you have to convince me/ VC that you can create a company out of it and not just a one trick feature. You’re best partnering with a business person before walking in the door. Improves your credibility- if you can convince someone else to join you, it means something. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41033862) |
|
Date: October 2nd, 2020 3:46 PM Author: Curious impressive university tattoo just the answer i was looking for. thank you (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41033943) |
|
Date: October 4th, 2020 11:32 AM Author: arousing beta location bump. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41044420) |
|
Date: October 8th, 2020 6:31 PM Author: arousing beta location Any questions on what makes a shitty VC? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41076231) |
|
Date: October 9th, 2020 2:20 PM Author: arousing beta location ? (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41081240) |
|
Date: October 13th, 2020 3:50 PM Author: arousing beta location About to quit my VC firm. Taking questions. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41104514) |
|
Date: October 14th, 2020 5:33 PM Author: arousing beta location Just quit my vc firm!! Woohoo!! MD wants to chat with me tomorrow. Will update. (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#41112318) |
|
Date: July 27th, 2021 8:16 PM Author: Alcoholic forum potus hey nigger. take q's again (http://www.autoadmit.com/thread.php?thread_id=4623146&forum_id=2#42853175) |
|
Date: July 27th, 2021 8:25 PM Author: Alcoholic forum potus new question: when people say they had one offer by some big name at one valuation and another by some lesser firm at a higher valuation and they had to pick one (valuation or name), why can't they just price discriminate, make them share the deal and pay different prices is that just bad etiquette or some shit |
|
Date: August 4th, 2021 3:28 PM Author: arousing beta location They certainly can drop hints of price discrimination. But with very few exceptions there's price matching... It starts a race to the bottom. Price / VC firm matching upfront. As in if you're a Sequoia type startup you go to Seq and it's cohort. You're typically not going down the food chain.
|