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That and "being able to call up a few VC friends of mine" also means he is a lot better connected than 99% of startup founders. This just reinforces the idea t
by smackeyacky 4y ago
That and "being able to call up a few VC friends of mine" also means he is a lot better connected than 99% of startup founders. This just reinforces the idea that raising VC is more about your background than it is about your ideas or ability to execute.
- threeseed 4y agoYou don't need to worry about this because VCs on Twitter have said many times that they are happy to accept cold emails and DMs. Of course from recent experience they don't actually respond so there's that.
- spoonjim 4y agoIf you are a former Harvard CS professor and engineering director at Google then you don't need to know any VCs. They will take your call.
- deleted 4y ago[deleted]
- vecter 4y ago> This just reinforces the idea that raising VC is more about your background than it is about your ideas or ability to execute. At the seed or pre-seed stage that Matt was at, what else would it based on? If you have no product or barely an MVP, you're almost certainly not near product-market fit and you probably have close to zero traction. As an investor, you have practically no signal to go off of at that point. Ideas aren't worth much at that stage, so ability to execute is key. And given that there's been so little done, the best signal for someone's ability to execute should be their background.