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Will investors be able to meet the startup founders at all? Or is this kind of like blind investing where you just look published stats and such?
by dave1619 14y ago
Will investors be able to meet the startup founders at all? Or is this kind of like blind investing where you just look published stats and such?
- shenberg 14y agoUnlikely that you'll meet the founders - It's not worth it for a founder to meet someone for a $1k investment (the minimum allowed). Seems more like an easy way for you to spread your risk over several start-ups with smaller investments in each, as opposed to putting a larger sum + time and effort in a single company.
- dave1619 14y agoIt would be great if startup founders offered potential FoundersFund investors the opportunity to Skype with them. Or to save time for founders, they could offer a Google hangout at a specific time for potential investors to drop by and ask some questions. Kind of like an office hours for potential investors. Some 2.5k investors might up their investment to 5k, and some 10k investors might up their investment to 25k. I think that would be worth the time.
- cwilson 14y agoI actually offered to do exactly this (I'm a Sponsorfied founder), and suggested doing it much like YC office hours (small 10 - 15 minute slots) but via Skype or Google Hangouts. Throughout the day I could easily do a few of these, and I'm always interested in new feedback and practice pitching.