Do you know of have heard of VC partners (individuals, not funds) that are amazing to work with?
Who is the most founder friendly, has a lot of value-add VC Partner you know?
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Re: Who is the most founder friendly, has a lot of value-add VC Partner you know?
#2Curious to see if this goes anywhere.
Unless a VC is a former operator with both a success and a failure under their belt I wouldn’t consider them for a board seat.
Boards are, usually, a tremendous waste of founder time and often huge emotional distractions to boot - as several recent founder confessions reveal.
It’s one of the reasons the trend on funding SaaS startups has swung towards waiting to raise capital until after $10MM ARR with really strong run rates - i.e. you already have talented VPs doing the “value add” VCs claim to bring.
VCs market themselves as “founder friendly” and “value add” to get better deal terms. That’s why it’s universal for them to make those claims.
I wouldn’t go searching for the “real deal” in those murky waters.