This is very well done, and it's in a VC best interests to improve decision-making (though not always in their interest or easy to make that more transparent to the founder). The time-to-feedback is really a lot shorter than 11 years ... if the ratio of companies that gets to the next round should is les than 30% within 2 years, the fund is likely to be in big trouble.
This is very well done, and it's in a VC best interests to improve decision-making (though not always in their interest or easy to make that more transparent to the founder). The time-to-feedback is really a lot shorter than 11 years ... if the ratio of companies that gets to the next round should is les than 30% within 2 years, the fund is likely to be in big trouble.
I've seen this play out many times. Great insights here!
Still golden @esteban. Bring back the blog!
Love it - great post and a ton of insights for anyone raising capital. Seasoned or not. Appreciate you sharing!