Will Manidis

VCs cannot make firm commitments until they have buy in at the partner level regardless of how much conviction they have. Angels can make commitments much faster and typically their word is their honor.

VCs are more free flowing pre Investment. Then they can get real rigid about process and structure to keep them happy. Angels can seem real rigid pre investment to make them comfortable but can Then get super free flowing and friendly.

VCs fulfill a function of "capital to grow something thats working" Angels fulfill a function of "capital that shows I support everything you will do" /fin

p.s. Every single investing entity out there should write a 1 pager on their site thats titled: "How we like to engage pre and post investment"

I agree with a lot of this but wow this is a very negative take on VC behavior and the *most* positive on angels, when in reality both can be utterly useless or worse in various ways.

Specifically perpetuating idea that it's best to hide info from your VCs as it can be used against you is horrible advice. Purely from founder POV it hides rate of learning which is important for follow on considerations.

So you're saying its ok for me to tell my VC board member about my break up with my partner to them and tell them its psychologically affecting my ability to run the startup day to day and that I am having self-harm thoughts? I respectfully disagree.

I don't think you are obligated to but I think it's perfectly fine to and I personally appreciate that level of relationship. I've had this type of convo with founders (to varying degrees of severity). Building a company is hard & my job as a VC is to understand that in all ways