I asked a VC that I admire whether they feel FOMO when seeing big exits that they aren't invested in. They replied, "I only feel FOMO if I never saw the deal when it was early. I don't regret saying 'No.' But, I am tortured when I never had the chance to take a look."
With me it's the exact opposite. I'm bummed when I learn we turned down a good startup, but if they never applied, what could we have done?
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How do these instances make the investment thesis evolve? Or do they at all?
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Your FOMO sounds a lot more genuine and honest than this VC.
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I think he’s just richer
End of conversation
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Would YC ever reach out to a startup if it spotted one which would be immensely helped by the YC network & mentoring but hadn't applied?
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Yes, the partners often do that.
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The "go to demo day" and "spend time at VC" is the biggest turn off. I actually really want to go, but I'm 35 with a family. Not happening. Am I misinformed?
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Is ghosting partly the solution for some VCs? They insist on having our deck ASAP, but never reply to any follow-up. Not even a "no". Looks like a practice in Europe.
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approach them lmao
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“You have power over your mind - not outside events. Realise this, and you will find strength.” I agree, it doesn’t really make sense to feel frustrated with things you can’t control.
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If I'm not wrong, this is a result of writing small checks to large number of companies vs big checks to few (or rather the feeling determines the strategy). The former is genuine help, the latter is optimising for returns (more than help).
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