Want to Meet and Talk? Lace-up Some Shoes!
The COVID-19 pandemic has impacted pretty much everything in my day. Maybe the most significant change I have seen while working from home is that the usual cadence of the face-to-face meetings that made up my day has been replaced by video calls on platforms like Zoom, or plain old voice calls.
What Fantasy Football Teaches Us About Startup Hiring
Just like fantasy football, hiring in startups is never easy. The complexities of finding and integrating people that fit with your vision and culture are great. Who to put where, when to fill the position, changing personnel – you may find yourself feeling like a NFL head coach every week.
What Silly VCs Say (and What Founders Think)
It’s fun to bag on VCs (we deserve it). But some VCs ask silly questions. If you are a founding team, you’ve heard all of these at some point I’m sure. Hopefully at Promus Ventures we aren’t on this list.
When Bureaucracy Grounds Tech (BoulderHelp)
The Falcon UAV is a small unmanned aircraft system that has received an FAA Certificate of Authorization (COA) in conjunction with the Mesa County (CO) Sheriff’s Office for flight operations covering all 3,300 square miles of jurisdiction.
WHOOP
Performance optimization system that tracks recovery, training, and sleeping hours for athletes
Whoop Raises $100M Series E
Promus Ventures was fortunate to invest in Whoop’s seed round back in 2013 and has been privileged to invest in every round since, including today’s $100M Series E announcement.
Whoop Raises $200M at $3.6B Valuation
Congratulations to Will Ahmed, John Capodilupo, and the entire Whoop team on their new $200 million Series F financing at a $3.6 billion valuation led by Softbank.
Why Did We Let Them Invest? (5 Basics of Seed Round Construction)
The seed round (defined here as the larger round after friends and family and in MVP or beta stage) is debatably the most important round for your company.
Winners Find a Way
Great teams, no matter how poorly they played for the majority of the game, find ways to win. No more apparent than the (fantastic) 2014 FIFA World Cup, where games go deep into extra time only to have the favorites somehow find their way into the net.
You Began Building Your Startup Years Ago (You Just Didn’t Know It)
We spend a lot of time at Promus Ventures getting to know the founders and their background. We talk a lot about Founder-Market fit, the how and why of each person working at a startup.