Every morning, I have dozens of new LinkedIn messages from founders. I seldom have time to reply. But what if there were a better way for founders and investors to meet?
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Enter my latest investment, Seedscout. Seedscout is an awesome new platform for founders to meet investors.
The magic of Seedscout is that there’s a monthly fee. This filters off people who aren’t serious.
What’s left? Awesome founders I want to meet!
I find myself meeting with almost every Seedscout founder who asks. Meanwhile, my LinkedIn requests languish in digital limbo.
I recently met an amazing founder on Seedscout whose startup is growing revenue at 70% a month. Once I wiped the drool off my chin, I reached for my checkbook!
When a platform gives me deal flow like that, I pay attention to their next intro. Meanwhile, since I rarely find solid deals via cold messages, I often don’t have time to respond to those messages.
For founders without a strong network in venture capital, Seedscout is a super power. You can buy your way in.
With plans starting at $100/month, a scrappy young founder can drive Uber for a few hours and pay for a membership.
Seedscout Founder & CEO Mat Sherman is fanatical about opening up venture capital to all great entrepreneurs. In an industry where just 2% of funding goes to women and just 0.4% to black founders, Seedscout is changing the rules of the game.
In time, Seedscout may replace LinkedIn and AngelList. For me, it already has.
I’m delighted to be an investor in innovative startup. Best of luck to this scrappy team as they take Sand Hill Road by storm!
I’m on vacation for the next two weeks. I’ll see you again on Monday, December 19th!
Until then, please enjoy some classic posts from the archives:
Mark Twain: Venture Capitalist
North Jersey’s Secret Campground
The Swami Who Taught Me About Politics
The Ultimate Score: Turning $300k into $2.4 Billion on Coinbase
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