the issue here is that most (some do, yes) don’t truly reference-check beyond their LP & GP networks.
-
-
-
Hmm. LPs consistently perform more extensive reference checking than companies hiring executives.
- 11 more replies
New conversation -
-
-
well of course, I mean how deep does founder referencing go? I know very elite LPs do this deeply
-
Spoke to 1 of our LPs recently & they knew what funds were good at responding to founders, paying attention in pitches, etc.Shocking detail.
End of conversation
New conversation -
-
-
i hear you & know you & Satya are solid on this; was tryna make a diff point but maybe not well
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Assume issue/oppty is q's being asked vs transparency. I've done lots of LP diligence. Never been asked a question on values, culture, etc.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
How many VCs actually log diligence hours? As a founder, it always feels as tho investors bemoan DD as an impossible Herculean decathlon
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Scheduling phone calls between busy people takes time, but c'mon. Reference calls are that onerous and time-consuming?
-
LPs do this substantially more than virtually all startups.
End of conversation
New conversation -
-
-
No wonder nobody in this town prices rounds..
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.