Red Flags for Investors
Summary of my bookmarked links from May 17th, 2024
Links
- VCs aren't your friends
In this opinion piece, the author defends VC Jason Lemkin's decision to reject a startup pitch due to an outdated deck, explaining why such small details are critical red flags for investors. The piece emphasizes that VCs, who review numerous pitches weekly, rely on micro-signals to filter out weaker prospects quickly. It also debunks the myth that VCs are "friends" to founders, highlighting their primary role as investors focused on returns. The article underscores the importance of founders managing their expectations and understanding the highly competitive nature of securing VC funding.