Saying “No”
I recently finished a two-week process with a great early-stage founding team that was solving an long-standing, exciting consumer-facing problem within a large market. I initially briefly met the founder and his entire team. We had two follow-up 45-minute conversations. He was prompt in our discussions, sent m
Funding Round Names Are Broken — Here’s a Proposed Fix
Why do we still have a myriad of confusing names for funding rounds in the private market? Each day we read about early-stage rounds labeled “friends and family,” “angel,” “seed,” “seed extension,” “seed prime,” “gap,” and “Series AA” just to name a few. And what exactly qualifies a