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>This top female VC, however, realized that, although she was more excited about the male founder’s pitch, when she objectively thought about what he had accomp
by daenz 6y ago
>This top female VC, however, realized that, although she was more excited about the male founder’s pitch, when she objectively thought about what he had accomplished, she realized it wasn’t much. And that the female founder had knocked it out of the park although her storytelling wasn’t as amazing. This story is a true story and this happens all the time in venture.
Aren't VCs also investing in companies that they are betting can raise more money down the road? If you invest in someone who persuades you at a "gut" level, you're taking into account that they will also persuade others at a gut level.
- ShrCul 6y agoBut if their product is mediocre then it doesn't matter how many investors they pull in. In the long term, would they actually make a significant amount of money when customers aren't that attracted or satisfied?