Reasons I Won’t Fund You
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Reasons I Won’t Fund You
1–10 of 78 posts
Re: Reasons I Won’t Fund You
#2Looks like he won't fund you if billionaires find your company before he does, and he can't get the cheap equity he'd like. Makes sense for him, but you're also better off not raising from him in that particular scenario. He calls this 'cap table is messed up', whereas he's just late and out-priced by the bigger boys. Your cap table is just fine.
Re: Reasons I Won’t Fund You
#3Every clickbait title is different. But. 22 Reasons THIS one will blow your mind.
Re: Reasons I Won’t Fund You
#4[deleted]
Re: Reasons I Won’t Fund You
#5Number 12 surprised me given the number of billionaires that would've failed it. Most are hyperfocused and opinionated early on to the point they don't care who they piss off or destroy to dominate the market they're creating. He'll either get the ones that are consistently good on P.C./P.R. at the beginning or filter out the unicorns he might have gotten.
That would be my guess based on what I've seen. How many unicorns or higher have his venture firm created in practice?
Re: Reasons I Won’t Fund You
#6Every clickbait title is different. But. 22 Reasons THIS one will blow your mind.
Reminds me of my favorite clickhole post: "Top 10 Reasons You Clicked on This."
Re: Reasons I Won’t Fund You
#7Every clickbait title is different. But. 22 Reasons THIS one will blow your mind.
My favorite part is the apology for the title in the first line of the post, in a sentence which was interrupted halfway through my reading it by a pop up asking for a subscription to their email list (or whatever). Disruption, indeed.
Re: Reasons I Won’t Fund You
#8My initial impression: 23. You write in complete sentences.
Re: Reasons I Won’t Fund You
#9Number 12 surprised me given the number of billionaires that would've failed it. Most are hyperfocused and opinionated early on to the point they don't care who they piss off or destroy to dominate the market they're creating. He'll either get the ones that are consistently good on P.C./P.R. at the beginning or filter out the unicorns he might have gotten. That would be my guess based on what I've seen. How many unic…
> How many unicorns or higher have his venture firm created in practice?
I've never heard of any of them. https://angel.co/esignature
The one exit was to another company held by the same firm.
Re: Reasons I Won’t Fund You
#10One thing I find a bit weird is the investor focus on SaaS. The desire for Hardware/science based startups seem to get talk about a lot, but almost every one of these "how to pitch"/"what I'm looking for as an investor" articles is focused on SaaS.
I know this particular investor is exclusively SaaS, but isn't there a wider desire for hardware/science based startups? Or is it all just talk?