How and when can you ask all of these delicate questions – You can’t blurt out all of these questions in your first meeting.

Does the Size of a VC Fund Matter?

Rafer sez:
@msuster this is the first time i’ve seen you borg’d by your new profession. These questions are perfectly fair game for a first meeting. The startup founder has every right to qualify the account he is selling to.

Founders: If the VC in question is too high-and-mighty to think he should need to disclose these things, don’t finish the pitch. Politely pack up and leave.

[NB: I bet @msuster will answer these questions for any founder he’s remotely serious about and as soon as he’s asked.]

(via rafer)

I agree, these are all perfectly appropriate questions for a first meeting. In fact, toward the end of meetings with entrepreneurs, if this topic has not been raised, I virtually always offer the, “what I can tell you RRE? what questions do you have?” opportunity so the founder(s) can learn about our fund, strategy and so on.

Source: rafer

5 Notes/ Hide

  1. wiesen said: Not necessarily. Just because someone doesn’t know the structural stuff around venture doesn’t mean they aren’t a compelling entrepreneur. Just means they haven’t done this before. That’s ok too.
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