Genuine VC

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Seeking Nonconsensus

Genuine VC

These rejection emails to the founder of Airbnb represent just one of the most recent example of this familiar theme. Entrepreneurs (rightfully) lament that VCs follow a herd mentality. Tales become legends about founders of exceptionally transformative companies who truly struggled to get any investors’ attention early on.

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VC Ground Game

Genuine VC

However, there’s another way that I’ve seen entrepreneurs use mutual connections that’s even more impactful than a warm introduction: a proactive inbound reference. If a person is merely on a reference list after the first couple meetings, the standard expectation of course is that she is going to say good things about the entrepreneur.

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A VC Walks into Your Pitch Meeting Biased

Genuine VC

More subtly, however, there are a myriad of smaller items which affect how a VC feels about a potential investment before even going into the meeting: Interactions over email (and with an assistant). Profile” of the entrepreneur or company – first-time or experienced, background, graduating(/ed) from a particular accelerator, etc.

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Driving to Conviction (Not to a Term Sheet)

Genuine VC

all talk about the best way for entrepreneurs to optimize their fundraising process with the end-goal of receiving a term sheet. Unfortunately, that’s an oversimplification which should be recognized by savvy entrepreneurs. Agreement of key terms between entrepreneur + VC firm.

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Getting Back the Band Together for NextView’s Investment in BookBub

Genuine VC

Our company offered a series of consumer-facing properties, including our flagship property BargainDog, which was an early e-commerce daily deals email newsletter. days, we quickly learned the power of email in driving real consumer engagement and purchasing events. Back in those Web 1.0 Back in those Web 1.0

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Super Pro-Rata Rights Aren't Super

Genuine VC

I recently received a email from an entrepreneur who I know with a genuine question about terms of his financing: " How do you guys at NextView feel about one of our investors holding super pro - rata rights for the next round?"

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VC Fundraising is Neither a Sprint nor a Marathon

Genuine VC

A lot has been written for entrepreneurs about optimizing a venture capital fundraising process, but one aspect which isn’t discussed very often is the pacing of it. ” At the beginning of an entrepreneur’s fundraising, even if you’re running a sophisticated process, the first part of is usually just plain old slow.