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Thanks! The gate-keeping / "kiss the ring" approach to raising money has got to go.
by tylertringas 6y ago
Thanks! The gate-keeping / "kiss the ring" approach to raising money has got to go.
- gumby 6y agoInvestors need companies but often don’t act like it. I go to LP meetings from time to time and it’s fun to see the inversion.
- tylertringas 6y agoAgreed. But also, the way raise money for Earnest is very similar to Trailhead: https://twitter.com/tylertringas/status/1260972763285774337?s=20 https://twitter.com/tylertringas/status/1260972763285774337?... Build a relationship and have a discussion over time is so much better for all parties vs "pitch me right now and I'll decide instantly"
- scopendo 6y agoReminds me of the way many landlords seem to treat their tenants.
- edoceo 6y agoTenants much easier to replace than finding a good company to invest in.
- spurdoman77 6y agoThere are maybe millions of companies in line looking for funding, and they all say that they are good.
- koolhead17 6y agoBut will it fit traditional VC model? :)