lead investor

“We operate what we call an investor-led equity crowdfunding model, and what that means is that before any opportunity comes to us and is open to a wider network of investors, there has to be an established lead investor involved who's kicked the tires of the b…”

“In general, I would say, The leads are usually doing a lot of due diligence, or at least enough due diligence work, and the follow-on checks are not.”

“The lead has to carry the company. And the non-leads don't. No one's expecting a non-lead to write another check into the company, but everyone's expecting the lead to write another check.”

“When the company encounters challenges, sometimes an investor group really needs a lead because they need leadership. It's very, very easy to be a good investor when everything's going up and to the right and, you know, the founder is doing all the right thing…”

“There's tons of angel and scout funds, but they're not leading these deals. You still need someone to catalyze. If you're trying to raise a proper round, if you're trying to raise enough money to get your next inflection point, you do need a lead investor.”

“A is the toughest round to get multiple people into because there's typically a lead investor, typically a single one.”

“In preparation for the next round, the most important thing is investors invest in lines and not dots, and so I would sit down with your new leads and align in that first meeting on five names that would be ideal leads for the next round, and then also clearly…”

“We used to not care who the other investors were. We're like, we're going to help you and we'll get other people great around us. Now we actually care about quality, you know, of the lead investor.”

“So we're not seeing that lead investors are absolutely necessary for a round to get closed, especially at the pre-seed and seed stage, right?”