4 ms·
In every VC pitch I've made in the past 5 years, they have all offered more money than needed/requested. Maybe I over-corrected by choosing to bootstrap, but y
by matchagaucho 10y ago
In every VC pitch I've made in the past 5 years, they have all offered more money than needed/requested.
Maybe I over-corrected by choosing to bootstrap, but you can never own too much of your own company.
In the VC's defense, their funds are increasing at a rate disproportionate to the number of partners available to manage the investments.
VCs simply cannot focus on 100 $1M investments with 5 partners.
- gmarx 10y agoDo I understand correctly that every time you have pitched VCs in the past 5 years they wanted to give you money? If pitched to many VCs over the years and never been offered investment. The rest of you make it sound so easy
- matchagaucho 10y agoSorry, didn't mean to trivialize the process. More literally, for the all VC conversations that got past due diligence, the negotiations simply fizzled out. Dilution was only one of many factors. It is a very hard and grueling process.
- tyre 10y agoThere is a 100% chance that they did not get money/term sheets from 100% of VCs that they pitched. Don't feel bad, raising money is really fucking hard, stressful, random, and involves a lot of luck.