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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. Reference calls to potential limited partners seemingly have no upside to founders. The same goes for VC references by other founders--which I hope founders are asking for. I don't participate in it nor do I record it.

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How to Make Better Reference Calls

Both Sides of the Table

Reference calls. Ask for at least 5 references. As your candidate for at least 5 references. Ask for at least 5 references. As your candidate for at least 5 references. Don’t worry about the fact that these are the references that the candidate has hand-picked – that’s part of the process.

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Trust But Verify: The Importance of Reference Checking

The Seraf Compass

There is an old proverb that was adopted by Ronald Reagan during the later part of the Cold War and which became a signature phrase of Reagan’s in the mid-1980s. When talking about the Cold War adversaries, Reagan always liked to say we should “Trust, but Verify.”

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The secret to doing great reference calls

TechCrunch

Whether you are signing up a huge supplier, hiring an employee or thinking of making an investment, reference calls are absolutely crucial. For a very long time, I thought that was all reference calls were good for. Why do reference calls? I mean, it is that, also, but it isn’t what the reference calls are for.

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HiPeople picks up $3M seed to automate reference checks

TechCrunch

HiPeople , a HR tech startup based in Berlin that wants to automate the reference checking process, has raised $3 million in seed funding. HiPeople says the investment will be used to support growth so that more recruiters can hire remotely using automated reference checks. It follows a $1.1 million pre-seed in late 2019. In the U.S.,

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Why it’s Critical That you Reference Check Your VC

Both Sides of the Table

How do you then reference check your VC to be sure that you’ve chosen a good firm and partner? Get a reference list - Most entrepreneurs do almost no reference checks or at least do them very informally. Some VC’s will go out of their way to give you all their references as Fred Wilson says in his post.

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TechCrunch+ roundup: Why you should go APE, H-1B lottery tips, how to check references

TechCrunch

The secret to doing great reference checks for potential hires. I’ve hired enough people to understand that cognitive dissonance and confirmation bias is endemic when it’s time to check a candidate’s references. The secret to doing great reference calls.