Connect Ventures

7 statements across 1 episodes · 3 bullish · 2 bearish · 1 people on the record · first statement Dec 30, 2015 by Sitar Teli · said 9 times in 2 episodes since 2015 · across every show →

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brought up most by Sitar Teli (4), Harry Stebbings (4), Hussein Kanji (1)

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Everything said about Connect Ventures, oldest first

Dec 30, 2015 positive
Insight
Teli: Fast rejections are the most valuable service VCs offer founders
“So, so, so I think that actually the biggest thing that you can do to provide value is to say no as quickly as possible. Because you know, the, what's more valuable, right? It's the entrepreneur's time. That's like the most valuable thing. And so the longer th…”
Sitar Teli Dec 30, 2015 ▶ 13:46 20 VC: How To Say No Fast and Efficiently and Why UX Must Always Be At The Core Of What You Do with Sitar Teli, Managing Partner @ Connect Ventures
Dec 30, 2015 neutral
Prediction Not checkable as stated
Teli: Connect Ventures rarely invests without a strong UX focus
“If user experience is not at the core of that it's just not likely that we invest at all.”
Sitar Teli Dec 30, 2015 ▶ 18:34 20 VC: How To Say No Fast and Efficiently and Why UX Must Always Be At The Core Of What You Do with Sitar Teli, Managing Partner @ Connect Ventures
Dec 30, 2015 negative
Insight
Teli: VCs should avoid detailed rejection feedback because founders debate it
“With, what I like to do is give just a couple of reasons for why, like, you know, the most important reason for why, but not too detailed, because the problem with giving really detailed feedback is I've rarely had an entrepreneur who didn't try to argue with …”
Sitar Teli Dec 30, 2015 ▶ 16:00 20 VC: How To Say No Fast and Efficiently and Why UX Must Always Be At The Core Of What You Do with Sitar Teli, Managing Partner @ Connect Ventures
Dec 30, 2015 positive
Insight
Teli: VC funds need partners with founder or early-stage experience
“If you're starting a fund, to have someone, or at least some of the partners, have started a company, or been very early in a company, because I think they can relate to founders in a very different way.”
Sitar Teli Dec 30, 2015 ▶ 7:43 20 VC: How To Say No Fast and Efficiently and Why UX Must Always Be At The Core Of What You Do with Sitar Teli, Managing Partner @ Connect Ventures
Dec 30, 2015 negative
Opinion
Teli: VCs giving 'maybe' responses unfairly string founders along with false hope
“A lot of times, VCs say maybe, which is, I think, just a very not nice way of saying no, right? Right, because it gives the entrepreneur hope, and a lot of times the entrepreneurs interpret them maybe as a not no, you know, and it's just keeping them hanging o…”
Sitar Teli Dec 30, 2015 ▶ 15:43 20 VC: How To Say No Fast and Efficiently and Why UX Must Always Be At The Core Of What You Do with Sitar Teli, Managing Partner @ Connect Ventures
Dec 30, 2015 positive
Opinion
Teli: VC firms should operate as partnerships rather than solo GPs
“I'm a big believer in VC partnerships, rather than working alone.”
Sitar Teli Dec 30, 2015 ▶ 7:58 20 VC: How To Say No Fast and Efficiently and Why UX Must Always Be At The Core Of What You Do with Sitar Teli, Managing Partner @ Connect Ventures
Dec 30, 2015
Disclosure
Connect Ventures launched without an office, website, or business cards
“One of the things we had to deal with the first year is, People didn't take us seriously until we had business cards, because they didn't really believe we were a real fund. And so, like, we didn't have an office. We didn't have business cards. There wasn't a …”
Sitar Teli Dec 30, 2015 ▶ 10:34 20 VC: How To Say No Fast and Efficiently and Why UX Must Always Be At The Core Of What You Do with Sitar Teli, Managing Partner @ Connect Ventures
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