You need to raise money today, not three weeks from Thursday. So I’m working on getting back to founders faster than ever.
The VC Runaround
When you email an investor, it can take days or even weeks to get a response. Then, it can take weeks longer to get on their schedule.
If you have to wait two weeks to even get a meeting, that’s two weeks of runway burned. It may be convenient for the VC, but it sure as heck isn’t convenient for you.
And that meeting you’re waiting for? It’s just the first of many.
How I’m Trying to Serve Founders Better
I’ve seen many founders struggle with slow turnaround from investors. So I’m trying to do things differently.
My goal is to get back to founder messages within 24 hours. If they meet my criteria for a meeting, I try to get them a meeting within 24 hours.
Here’s my criteria:
- Launched product with a couple paying customers (or prototype if deep tech)
- Builder founders
- Incorporated (DE C Corp)
- In a market I cover (US/CAD/UK/IRE/AUS/NZ)
The Basics Are Everything
In venture capital, the founders are our customers.
Just like any other business, success comes down to the basics: replying to messages and giving good customer service.
Imagine if you called customer service and they took a week to get back to you. You probably wouldn’t do business with that company anymore, right?
But if they got back to you right away, you might tell your friends!
If we have a reputation for getting back to founders quickly, more great founders will come our way. We also won’t miss great investments that are moving fast.
Wrap-Up
Sometimes life gets in the way and I can’t respond to a message as quickly as I’d like. But I’m trying to move as fast as possible so you can get back to building.
If you’re building something special, shoot me a DM on X or a connection request on LinkedIn. Include some information about what you’re building.
I’m looking forward to seeing some amazing new tech!
More on tech:
Why Short Decks Raise Millions
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