Genuine VC

article thumbnail

Seeking Nonconsensus

Genuine VC

My partner Lee likes to talk about successful fundraising as “ finding the believers, not convincing the skeptics.” That’s what my partners and I at NextView are striving for. My partner Rob talks about “ getting beneath the surface ” in “ truth seeking ” diligence. If a startup were obvious, then everybody would be doing it.

article thumbnail

Seed Stage Firms are Dead, Long Live Micro VCs

Genuine VC

Micro VCs will continue to come in many flavors with slightly different strategies, but there are a few distinctive defining characteristics: On a per partner basis, each investor is investing less than $25M in any given fund. The capital deployment velocity is notably higher than a traditional 1-2 investment per partner per year.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Does Funding Begin with “Fun?”

Genuine VC

Telling the same pitch over and over again… taking time away from more immediately impactful endeavors like recruiting and customer development… the endless follow-ups and inevitable radio silence… fun? For entrepreneurs, seeking seed capital means meeting with numerous VC firms and sometimes dozens of angels… fun?

article thumbnail

The VC Fundraising Timing Paradox

Genuine VC

Partners who would be interested in a potential investment are distracted by other new investments, portfolio companies, and personal matters. And that’s assuming a particular partner & firm is sincerely interested… it can take a number of meetings for them and especially the entrepreneur to truly suss that conclusion out.

article thumbnail

Playbook for Incoming MBAs to Start a Company Out of School

Genuine VC

Master the coursework basics, but then develop soft-skills rather than specialized ones. Part of the benefit of a generalized MBA program is developing a broad fundamental skillset across many areas of functional expertise, from finance to marketing, and everything in between. Immerse yourself in domain to develop authentic idea.

Cofounder 256
article thumbnail

Four Winning Strategies from Series Seed to Series A

Genuine VC

A couple years ago, my partner Lee penned a blog post about the milestone benchmarks for startups raising a Series A round of financing. The strategy here is to foster product development and marketing which creates overall (semi-)organic user momentum. Craft a Small-Scale Machine.

article thumbnail

Overly-Direct Feedback to VC Pitches

Genuine VC

After a few years into this role, however, I developed a style and approach where I always try to share some type of real meaningful constructive thoughts as to why an opportunity wouldn’t be a fit for my firm. And I am encouraged when that exchange is a one which is valued; that can be the beginning of a relationship, not the end of one.