Founders

Mistakes I made my first time raising (for Scalar GP round)

- did a party round since was oversubscribed and had a hard time saying no, reduces incentive for people to help

- focused on brand names more than who is helpful

- first pitch was a VC we really liked, hadn't practiced enough and should've saved for later

Co-founder @bountycaster (bountycaster.xyz). Co-producer @ethereumfilm. Previously co-founder of Scalar Capital and product at Coinbase

Engineering @Dune

Prev: Head of Eng @rabbithole, cofounder Mint Songs (acq Napster), Housecall Pro (🦄) 

This was for Scalar GP (management company) round so it was a lot closer to a startup round than raising from fund LPs. These investors shared on ownership of our fund and any future funds we started

It’s interesting to hear the emphasis of names brands carryover from startups to raising a fund.

I wonder why we’re all so conditioned to pursue that (and I know there are great name brand VCs)

(summer of) protocol {support | guild | fellowship} ☀️


Haha love the positive spin on this :P

In hindsight, not letting it show that I was tired of telling the same story over and over. I'm sure it slipped sometimes but mostly kept up my enthusiasm on each pitch

What did you do better than expected at with hindsight?

perpetual learner • curious builder • art lover | bazvault.eth | barrycollier.com | hosting /baz /givingflowers

Yeah highlighted the advice that was relevant regardless of purpose. Have lots more that would be fund specific

Great list, Linda.

I would imagine there are probably some differences as a GP vs a founder/operator, but I think something that rings true regardless is that partnering with the wrong capital partners will be the bane of your existence.

Alignment matters.

• depin in the sky /spacecoin 
• prime coxswain /koda
• network state /subwork • angel n' lp in few funds
• yangwao.twitter •

Just to clarify https://warpcast.com/linda/0x894f60d1

I think this is helpful for first time fund founders, thank you for sharing.

How do you kindly save the best VCs for later without losing them? Similar situ atm and trying to delay further conversations (a little)