Remove about
article thumbnail

How to Make Better Reference Calls

Both Sides of the Table

Reference calls. My friend Jason Hirschhorn Tweeted about this today. Ask for at least 5 references. As your candidate for at least 5 references. Ask for at least 5 references. As your candidate for at least 5 references. Call each of the 5 references looking for “glowing” feedback.

Startup 302
article thumbnail

Why it’s Critical That you Reference Check Your VC

Both Sides of the Table

I was recently speaking with some founders about their fund raising process. I wrote a post about how to build relationships with VCs over time and about investing in lines & not dots (which cuts both ways). But what about once you have a term sheet? Ask the CEO’s about the VC when the chips were down.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Do You Reference Check a VC?

Both Sides of the Table

I wrote a post linked as follows about how to build relationships with VCs over time. But what about once you have a term sheet? How do you then reference check your VC to be sure that you’ve chosen a good firm and partner? Ask the CEO’s about the VC when the chips were down. Happy reference checking.

article thumbnail

Some Reflections on VC Investment Decisions

Both Sides of the Table

I was having dinner with a friend last night and we were chatting about venture capital and a bit about what I’ve learned. I started in 2007 with a thesis that my primary investment decision would be about the team (70%) and only afterward about the market opportunity (30%). I don’t.

article thumbnail

What Mistakes Do VCs Make When Fundraising?

Both Sides of the Table

A few weeks ago, I had the pleasure of talking to Samir Kaji on the Venture Unlocked podcast about a wide range of topics that we as venture capitalists think about everyday, including: How to build a generational firm?—?retaining OK, so you’ve found your target LPs who invest in funds at your stage. Let me explain. Why Buy Me?

Sales 375
article thumbnail

5 Due Diligence Tips Before You Invest In A Startup

Startup Professionals Musings

After you have heard a few startup success stories, like Google, Facebook, and Microsoft, you may be tempted to invest some money yourself, maybe by pooling your funds with other investors who claim to have a great track record. My advice is to leave the investing in startups to the professionals (or friends and fools). By commission?

Tips 141
article thumbnail

VC Confessions: I Don’t Really Care About Your Product Demo

InfoChachkie

Note: I invest almost exclusively in b-to-b software companies. My “no demo” approach is clearly not appropriate when assessing the veracity of investments with a hardware component or with a consumer facing product. Entrepreneurs often suggest customer references that arose from a highly curated introduction or prior relationship.