article thumbnail

Be Honest on VC Reference Calls

This is going to be BIG.

A friend of mine running a very successful company found himself conflicted over an upcoming reference call. It was from a top college endowment that was taking a look at the next fund of a widely known VC who had backed him. The truth of the matter is that their experience with this VC hadn't lived up to the hype.

VC 177
article thumbnail

Why it’s Critical That you Reference Check Your VC

Both Sides of the Table

They had received a term sheet from a VC and were wondering whether to work with this firm. You’re tied at the hip to your VC. Get to know VCs over a long period of time so that when you’re ready to get engaged you feel you know their character. But what was the VC like when the chips were down?

VC 298
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Do You Reference Check a VC?

Both Sides of the Table

You’re tied at the hip to your VC. Get to know VCs over a long period of time so that when you’re ready to get engaged you feel you know their character. How do you then reference check your VC to be sure that you’ve chosen a good firm and partner? Nor that any VC should.

VC 288
article thumbnail

How To Pitch A Real Estate Tech VC

Dream It

The worst thing I’ve seen is founders who come in expecting hockey stick growth without any reference set for how real estate acts. If you’re pitching a VC, you must do the bare minimum of looking at their website, knowing their previous investments, and learning about the background of the partners you will be pitching.

article thumbnail

How to find a job as a scout for a VC firm

TechCrunch

David Teten is founder of Versatile VC and writes periodically at teten.com and @dteten. Akshat Dixit is a senior at North Carolina State University, an intern at Versatile VC , and a past intern with the HBS Alumni Angels Association and the Innovation Quarter in Winston-Salem, North Carolina. Scouts help promote diversity in VC.

VC 93
article thumbnail

What I Would Look for When Choosing a VC – Knowing What I Know Now?

Both Sides of the Table

Picking a VC is hard. So I thought I’d write about out with what I would look for in a VC knowing what I know now and why. Most VCs are book smart. VCs should be more of a coach than proscriptively telling you what to do. You want a VC who will spar with you but then STFU and let you get on with things.

VC 364
article thumbnail

How VC Fundraising Favors White Men

This is going to be BIG.

This will be the post where I dangerously attempt to walk the minefield of a white male VC opining on the topic. Clearly he assumed that he was using some kind of username, and that it was a gang reference of some sort--like, "Young Blood" as in the bloods and the crips or something to that affect. Makes my skin crawl.

VC 251