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I think we are generally in agreement -- I just used the pipeline line to convey this urgency. I'm not a big fan of name-dropping in this case, because from wh
by hippo33 14y ago
I think we are generally in agreement -- I just used the pipeline line to convey this urgency. I'm not a big fan of name-dropping in this case, because from what I see, lots of founders do this all the time, and it's not worth anything IMHO. I can pull out lots of cards: 500/Google/Stanford/MIT/Harvard, but one of the things that I'm trying to convey in this post is that even in the Valley with all of those cards -- and I talk with friends from all these networks all the time, there is still a lot of hustle that goes unreported. The streets aren't lined with gold just because you are a 500company (or YC/TechStars/AngelPad). For most companies, people are not just throwing money at you because of your networks or who you know/talk with. It is true that some rounds close quickly, but the majority don't. Also, most of this post refers to the beginning of the process. Once you start bringing investors in, it closes more quickly from that social proof, and that's how rounds accelerate faster in the end. But, that's in Part II. :)