venturecapital

This week our IC (socialgraph.vc) reflected on transparency and urgency during a fundraising process.

Transparency is the willingness of the founder to answer questions during the process, and share all the information transparently. Questions around burn, revenue, growth, data, and status of the product are answered straightforward.

Urgency is inherent to how founders treat the process, if the round is “hot”/oversubscribed, it’s more likely to be treated urgent. Urgency means that founders are less responsive. Founders can easily fake it and FOMO/strongarm investors to wire money even before the round is committed.

Here’s how they interplay, and how we read it:

Product builder and investor — @socialgraphvc

kindness, compassion, forgiveness

Nice breakdown - to boil it all down, it's about trust.