Why do VCS reject dreamers or deals and never talk to the founder

Ghosted get no fun. Especially if you are a founder that is looking for capital from investors.

It looks like dating. “Why does this man don’t return to me? Have I done something wrong?” Did the investor hate the product? Did they not care about me personally? “It is enough to make anyone crazy.

Ghosting is an undeniable signal of lack of interest. If you want to invest a VC, they will undoubtedly answer your cold call or return to you after the square.

There are various reasons to disappear after the one after a meeting of a builder to take a meeting with a meeting or worse, after talking to a few VCs afterwards.

Time

When people are a common source of scarcity, lightspeed venture partners in the lightspeed venture partners A Linkedin Post VC went viral on ghosting. VCS will naturally spend more in the founders and beginners they see potential.

“Writing a thoughtful reject, efforts and a passage will not turn ‘(an investment), often worn. This is not good,” he wrote in Linkedin post.

The Bilge also notes that the investment environment has been held in the last ten years that the VCS’s decisions are faster and thus have less time to return to prospects.

“VC, Breakneck ball bleed – more firms, more capital, more pitches,” he said. “There is a place for intentional and personal touch, which determines the industry once in the industry, paying more attention to volume and speed.”

Such fast growth has created a dirty and burning culture that relations are increasingly.

Better tomorrow ventures co-founder and general partner Sheel Mohnot said that when “super sank”, the cracks passed the most cracks.

“This is never the founder and not always related to what I have happened in life, or if we are fundraising, or the founder camp, 2020, etc.,” he said.

Hustle Foundation co-founder and general partner Eric Bahn rely on an automated email response to help manage the flow of transaction opportunities adopted in the Inbox. Estimates that about 30 guests a day.

“How do the founders have an email message with our investment team with our investment team, which will respond to each message on how to deal with our investment team,” he said. “Our team takes every presentation seriously, but I can’t answer every email as much as I want.”

Now, if he has already held a meeting with a founder, Bahn claims to “never dream”.

“When I had to take place, I will explain why I passed and share some reviews.” “This is a simple sticker I want more consistently more consistent than VC.”

Red flags that cause rejection

Explaining to TechCrunch, an investor who wants to not be called the founder of the AI, said: This is because it has the same strange, but there are different words and always strange inaccuracy.

Thus, if VCS likes to return the AI ​​starters these days, many do not want to be in their end.

“Finally, we will only remove any email from an unknown sender, because it’s probably a message,” he said. “Thus, to meet someone, literally need to escape from socially (hot intro or personally). Return to the stone centuries!”

Something really angry is the absence of his mind. Do not try to claim that your start is not competitors or for example, there are no available risks.

Bahn usually forms things that can kill their work from the founders. The shocking number of facilities will respond: nothing.

“Simple self-conscious everyone knows that it is not completely true,” he said. “So many things can threaten their work: rivals are reputants; markets facing new fit or regulation; a new pandemic.”

As a potential investor, Bahn just wants to know that you have not seen the risks, but to ease them. “As the legendary CEO, Intel’s Andy Tahras said,” Only the paranoid survived, “he said.

Mohnot says that a builder could not explain how their work outside the initial concept, he said. However, the reverse is true: not realistic expectations, noting the initiates, which claims the initiates, “wild optimistic financial forecasts” project “without solid proof”.

Other things found to be a turn: The lack of complementary skills between visible tensions or founded team members, offers potential cooperation problems; Unlike the “continuous, priced business”, lack of technical depth or financial assembly.

Rex Salisbury, the founder of Cambrian enterprises and general partner and Andreessen Horowitz (A16Z), wants to see that a builder is on the head. A six-month-dream of a dee like a red flag looks on a deck in a date with a date. Numbers that distort numbers will be completely cut from Salisbury.

Founder behavior

There are other behaviors to complete your conversations with VCS. For Bahn, they are cut off, if a founder says something racist or sexist.

“Once one institution, in fact, once called a C-Word in front of my opponent’s founder,” he said. “There is no tolerance of the next ten years to work with someone who respects other people.”

The founders should also remember that an investor can now think that even if they reject them. Thus, to be disrespectful when rejected, it is likely to kill the chances of this, and the VC can never speak again with the founder.

Bahn said that sometimes he said in detail about the rejection of his company and then the founder said the founder said that he would “turn you names and / or even you.” This happens more for itself to his women’s colleagues.

“I am grateful for those moments because we mean we are choosing to do not choose to work with this builder,” Bahn Techcrunch.

“That person is also blacklisted – we will not answer that person again and we will register our internal database and mutual contact so that our institution can prevents eternal,” he said.

All of the VC, naturally, disrespect is an immediate contract killer. ADDIE Lerner pointed out that the founder and managing partner of the AvID enterprises, including the lack of rarity variability and transparency, may occur in various forms.

The founders were extinguished even when current or former investors or colleagues speak negatively. Negative reference calls are another reason to break for Lerner Katz.

“Throughout each of these buckets,” yellow flags “are very serious and we generally see them as disqualification,” he said.

Mohnot reminded me of an incident that he lied about an agreement with another start of a builder. The other start, in Mohnot’s portfolio, “Therefore, a quick text message was sorted.”

But usually on dimensions, team opportunities, market size or technological performance, will often be easily exposed by VC.

“It’s more than you think,” he said.

If all VCs were still a founder with a founder, it seems to be a builder with a founder, “thank you” to “thank you” that it does not have a real excuse to prevent an institution. As bent, it is disappointed.

“I’m not saying none of these are good reasons. This is a reality. This is a game,” he said.

However, given the risks of behaving badly to a VC that stop speaking with you, the golden rule applies to both sides. “Treat people how you want to treat people.”