I'm sure this post will be helpful to the founders.
But I don't agree with #12 about Mortality because the most profitable funds have a mortality rate much higher than average funds (for example, seed funds like Index or First Round Capital). And this is because such funds are always looking for deals that will make home-run (each deal must have the potential to return the volume of the fund).
I agree! Certainly, it is necessary to determine as early as possible with those who are not capable of winning the race :) This is a harsh reality. What I meant to say was don't take money from investors who don't have successful projects in their portfolio. It's not about mortality, it's about success. I guess I'll make a correction. Thank you.
Victor, thank you!
I'm sure this post will be helpful to the founders.
But I don't agree with #12 about Mortality because the most profitable funds have a mortality rate much higher than average funds (for example, seed funds like Index or First Round Capital). And this is because such funds are always looking for deals that will make home-run (each deal must have the potential to return the volume of the fund).
I agree! Certainly, it is necessary to determine as early as possible with those who are not capable of winning the race :) This is a harsh reality. What I meant to say was don't take money from investors who don't have successful projects in their portfolio. It's not about mortality, it's about success. I guess I'll make a correction. Thank you.