Two Bay Area fundraising observations by 3x founder who jumped back into market w/ his newco: 1/ Meeting w/ diff investors is "like a box of chocolates" - almost impossible to predict what will will like, their incentives, goals, etc. 2/ The Bay Area backchannel is very noisy.
backchannels are meaningless signal when you have a closed graph of the same 200 people. only, only useful at the extremes
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