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A 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

A 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.

csbartus 16y ago
"hot startup ... they are oversubscribed the second they mention fundraising" Is that so simple like in the nineties?
- chc 16y ago
  I think it's almost a tautology. A hot startup is one that any investor would want to be involved with, so obviously they can have their pick of investors.