Choosing investors
It has been awesome to see founders being incredibly thoughtful about choosing investors. One founder said no to a $4M termsheet. Another has plenty of interest but has his/her own priority list. Another is asking how to politely say no to investors and request them to wait for a few months.
I am happy to be at the receiving end of all of the above too - because all of this signals the maturing of our ecosystem to the next level.
Most founders who are further along in their journey will vouch for being cautious about who to partner with - very very little is said about this but a wrong founder-investor fit is worse than not raising capital at all.
Of course, you have to create this optionality for yourself first and that is Step 0.
But its fab to see it happen for real - and well beyond the *hot* deals or teams :)
I am happy to be at the receiving end of all of the above too - because all of this signals the maturing of our ecosystem to the next level.
Most founders who are further along in their journey will vouch for being cautious about who to partner with - very very little is said about this but a wrong founder-investor fit is worse than not raising capital at all.
Of course, you have to create this optionality for yourself first and that is Step 0.
But its fab to see it happen for real - and well beyond the *hot* deals or teams :)