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If someone with domain experience thinks you can't do what you're trying to do or are doing it the wrong way: 1. They're correct and you should not get a check
by staticautomatic 7y ago
If someone with domain experience thinks you can't do what you're trying to do or are doing it the wrong way:
1. They're correct and you should not get a check.
2. They're incorrect, and you wouldn't want them to be the person writing the check.
3. They have good reasons for their concern which you had not yet considered.
All of these sound like good outcomes to me.
- ablekh 7y agoThank you for sharing your thoughts. What you're saying definitely makes sense. However, the question is whether one should prefer or avoid such, considering my assumptions on relevant pros and cons (in other words, it's a question about fundraising process optimization).
- staticautomatic 7y agoOk, but optimizing for what?
- ablekh 7y agoFor fundraising time and effort.
- staticautomatic 7y agoI will venture a guess that you'd do better pitching people with domain experience, particularly if their fund targets your domain. I have never pitched a hard science startup but I believe it's generally true that people prefer to invest in things they know and understand. It has certainly been true of my fundraising efforts in niche markets.
- ablekh 7y agoI very much appreciate your advice as well as being first to provide feedback. Pretty much the same rationale was my original thought as well, but I want to hear a variety of opinions. Let's see what other people might think and/or argue about this aspect.
- deleted 7y ago[deleted]