Correlation not causation. It demonstrates conscientiousness to a partner (who isn’t even looking), in this case LPs, which is evidence they will give you the same care once you becomes their partner.
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Where is all this mythical money being thrown at people without DD?

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Many investors do lots of diligence, few identify the key unknowns, and very few make a case as to how they will empower teams to uncover those unknowns.
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True. Lots of diligence founders get put through is duplicative from their point of view. It helps if they keep an FAQ of sorts. Do you put together a brief of the key unknowns and how you intend to help? Ooh, do you give it to companies you pass on too? Thats hugely valuable.
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Real DD from a good shop makes you stronger business
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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Caveat: check size
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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Well said
@runvc! I’ve actually turned down 15 Angels and VC’s since the beginning of the year. I’m looking for someone that believes in me and the project as well as someone I really want to partner with from the ground up.
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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We have terrific VCs, some active and some not very active (which is fine—if we had 10 very active VCs we’d be paralyzed by opinion), but we haven’t observed this correlation at all.
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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Čini se da učitavanje traje već neko vrijeme.
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