Big News: FounderDating is joining OneVest to build the largest community for entrepreneurs. Details here
Latest Notifications
You have no recent recommendations.
Name
Title
 
MiniBio
FOLLOW
Title
 Followers
FOLLOW TOPIC

Question goes here

1,300 Followers

  • Name
    Entrepreneur
  • Name
    Entrepreneur
  • Name
    Entrepreneur
  • Name
    Entrepreneur
  • Name
    Entrepreneur
  • Name
    Entrepreneur
  • Name
    Entrepreneur
  • Name
    Entrepreneur

Which VCs lack conviction?

I found this article from VC Patrick Meenan on what VCs who are invested in you should be primarily and secondarily focused on. It makes total sense but I find most VCs focus on metrics not what he says should be primary:
  • Long-term product vision
  • Sustainable competitive advantage
  • Can their capital accelerate your growth?
  • Getting you connected to other founders in their network
  • Founder's personal aspirations
Secondary areas of interest should be:
  • Current ARR
  • Historical MoM growth rate
  • TAM
  • Historical cohort analysis
  • Current cap strucutre
  • Which competitors have been funded.
It's refreshing to see, but I find it to be the exception. Would love to hear from founders that have or had boards and what they would add to the list of things VCs focus on too much or not enough.

1 Reply

R. Paul Singh
0
0
R. Paul Singh Advisor
Entrepreneur, Advisor, Get things done
It really depends on the investment stage. The seed or first round is generally done on promise and hence all these primary metrics are on the minds of every VC that is investing in early stages of a company. However, for later stage funding, the secondary questions become more important since these are the proof points of whether the initial stage is working as expected.
Join FounderDating to participate in the discussion
Nothing gets posted to LinkedIn and your information will not be shared.

Just a few more details please.

DO: Start a discussion, share a resource, or ask a question related to entrepreneurship.
DON'T: Post about prohibited topics such as recruiting, cofounder wanted, check out my product
or feedback on the FD site (you can send this to us directly info@founderdating.com).
See the Community Code of Conduct for more details.

Title

Give your question or discussion topic a great title, make it catchy and succinct.

Details

Make sure what you're about to say is specific and relevant - you'll get better responses.

Topics

Tag your discussion so you get more relevant responses.

Question goes here

1,300 Followers

  • Name
    Details
  • Name
    Details
  • Name
    Details
  • Name
    Details
  • Name
    Details
  • Name
    Details
  • Name
    Details
  • Name
    Details
Know someone who should answer this question? Enter their email below
Stay current and follow these discussion topics?