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When I said "because they like you" I didn't mean as a person. Hopefully people don't misinterpret. In my experience, investors (especially at the seed stage)
by ghc 5y ago
When I said "because they like you" I didn't mean as a person. Hopefully people don't misinterpret.
In my experience, investors (especially at the seed stage) don't just pass deals around because they're "good". Most of the deals investors pass around haven't been through enough diligence yet to determine whether or not they're good.
Investors like to get second opinions from other investors, however, and they'll especially value your perspective if you've invested in a similar deal in the past, or founded a company in a related space. I've seen this from both sides of the table, and I would observe that the "filter" early stage VCs employ is more about whether the founders are engaging, and less about the fitness of a deal.
- redis_mlc 5y ago> Investors like to get second opinions from other investors The most polite description of herd mentality, ever.