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Fred Wilson: Competing To Win Deals
- kenzan100 16y agoThanks to this article, knowing what they think will help you simulate the game of future funding rounds. I keep in my mind that the same thing can be said to entrepreneurs. talk to VC's like you know them in person to person.
- andrewce 16y agoAs much as anything else, this advice seems to be more on "how to build a good working relationship with another entity" than it is anything in particular about competing. In fact, it seems straight out of Dale Carnegie, and I'd guess that we could accurately summarize these points as "Build a good personal and professional relationship, and then see if that becomes a good business relationship. Even if it doesn't, maintain the personal/professional relationship." His points about using the services/products of the entrepreneurs you're interested in and about not leading with a term sheet are all about humanizing the relationship into an actual relationship, rather than one more item on one's investment portfolio.
- joshfraser 16y agoit's posts like this that make me want to take money from Fred Wilson.