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They have always explicitly said they modeled themselves after the agency CAA, which was more than just a rep because leveraged their network/roster of talent s
by rkk3 5y ago
They have always explicitly said they modeled themselves after the agency CAA, which was more than just a rep because leveraged their network/roster of talent synergistically. Not sure it needed another analogy.
Also the capital + services model is an interesting theory, but I haven't heard any stories of it living up to the marketing hype from portfolio companies. Don't think it is anywhere close to top of mind when you are comparing term sheets against other top firms.
1. https://a16z-live.simplecast.com/episodes/beating-the-incumbents-with-michael-ovitz-on-boss-talk-9-kzAPIvIF https://a16z-live.simplecast.com/episodes/beating-the-incumb...
- gkop 5y agoI haven’t worked with A16z, but will say in the case of First Round Capital, their services are truly amazing, and would be material to me in considering term sheets, or even in choosing an early stage start up to join. So I think the capital + services model can be legit.
- rkk3 5y agoWhat service/s specifically impressed you?
- gkop 5y ago- The in-person programming: speakers, seminars, support groups, fun events, CEO and CTO conferences - First Round Network Q&A site - Structured mentorship program - In house recruiters and job board (yes this is table stakes, but FRC did a great job here) I also really liked the people I worked with from FRC and their whole vibe, but that’s another subject.