3 ms·
My prediction about leads going away was only for angel rounds. (The whole talk was about angel rounds, since that's what the conference was about.) Series A
by pg 16y ago
My prediction about leads going away was only for angel rounds. (The whole talk was about angel rounds, since that's what the conference was about.) Series A rounds will still have leads, so this wouldn't affect Fred.
- deleted 16y ago[deleted]
- epi0Bauqu 16y agoA hot startup doesn't need a lead because they are oversubscribed the second they mention fundraising. Yet there are many, many others, especially first-timers outside the valley, that face a much more uphill battle. In these cases, I think a good lead can really benefit the startup. I've twice now led deals where I essentially helped quickly line everything up such that we closed in perhaps in 1/4 of the time that it would have otherwise taken.