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> that does not mean that VC's are a public service, under some sort of obligation to answer the phone and listen to whoever wants their attention. That's not
by adwn 2y ago
> that does not mean that VC's are a public service, under some sort of obligation to answer the phone and listen to whoever wants their attention.
That's not what I'm saying at all. My point is that they need pitches: without pitches, they can't invest in startups, and without investments in startups, they will have a hard time raising capital for their next fund.
- bell-cot 2y agoWell, yes. If they are currently funding new ventures - it doesn't take any "ran out of money" scenario for them to (say) decide that investing more in their existing portfolio is currently a better strategy than adding new ventures. And certainly they're free to source their pitches via closed networks of "the right people". I'd guess that that does not involve Linkedin - but only "the right people" actually know, and I'm not part of that social set.
- adwn 2y agoThank you, that makes sense.