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If I think about the best investments in startups ever, I think about Andy Bechtolsheim's investment in Google. The meeting lasted about 20 minutes then a chec
by jcampbell1 15y ago
If I think about the best investments in startups ever, I think about Andy Bechtolsheim's investment in Google. The meeting lasted about 20 minutes then a check was cut. Peter Theil invested in Facebook after a 1 hour meeting.
Maybe some investors and founders want to date for a bit, but the biggest winners in history got in bed together without even dancing.
- hef19898 15y agoI'm not sure if these two aren't just outliers. The investors were pretty well known after all and had a lot of experience. I think that closing a deal too fast can be as bad as dicussing it too long. Either you get a fast decission or not, brickering around to much about unecessary details is IMHO a sure sign that it takes too long. Not being asked any questions and just being thrown money for being part of a YC batch is, on the other hand, a sure sign it doesn't take long enough.