Mike Hirschland

9 statements across 1 episodes · 1 bullish · 4 bearish · 1 people on the record · first statement Mar 18, 2019 by Mike Hirschland · across every show →

On the record as a speaker too: Mike Hirschland's record, appearances and statements → this page counts the times other people say the name.

Everything said about Mike Hirschland, oldest first

Mar 18, 2019 negative
Opinion
Early seed investing is challenging out of a billion-dollar fund
“The challenge of doing really early stage seed investing out of a billion dollar fund. And a very large platform.”
Mike Hirschland Mar 18, 2019 ▶ 5:43 20VC: The Acceptable vs Unacceptable Risks To Take When Seed Investing, Why Loss Ratio Is Not A Consideration & Why Series A Is The Right Time To Establish A Board with Mike Hirshland, Co-Founder @ Resolute Ventures
Mar 18, 2019 neutral
Disclosure
Resolute Ventures prefers investing before startups show early traction
“Our MO, what we really like to do is to be backing teams we fall in love with ideas that we fall in love with, and just that, and so we really do not necessarily look for traction at all. Now, in some instances, when companies approach us, they happen to have …”
Mike Hirschland Mar 18, 2019 ▶ 7:00 20VC: The Acceptable vs Unacceptable Risks To Take When Seed Investing, Why Loss Ratio Is Not A Consideration & Why Series A Is The Right Time To Establish A Board with Mike Hirshland, Co-Founder @ Resolute Ventures
Mar 18, 2019 negative
Insight
Seed-stage investor boards are an unnecessary drag on founder time
“And I think too often having a formalized board, an investor led board during the seed stage brings a lot of the trappings of From the post-series A board dynamic into the seed stage, where there's some degree of formality, there's a fair amount of preparation…”
Mike Hirschland Mar 18, 2019 ▶ 16:54 20VC: The Acceptable vs Unacceptable Risks To Take When Seed Investing, Why Loss Ratio Is Not A Consideration & Why Series A Is The Right Time To Establish A Board with Mike Hirshland, Co-Founder @ Resolute Ventures
Mar 18, 2019 negative
Opinion
Very few VCs are actually interested in pre-traction startups
“And too often, everybody says they do all of it, when in fact, they're very Few investors, VCs, who really are interested in pretraction, So I think there's just a lot of confusion in the marketplace in terms of who really wants to invest when and clarity arou…”
Mike Hirschland Mar 18, 2019 ▶ 20:39 20VC: The Acceptable vs Unacceptable Risks To Take When Seed Investing, Why Loss Ratio Is Not A Consideration & Why Series A Is The Right Time To Establish A Board with Mike Hirshland, Co-Founder @ Resolute Ventures
Mar 18, 2019 negative
Insight
Early startup traction does not predict long-term product-market fit
“But our view is that, that those early signs of traction really are not very telling about whether they're ultimately going to have meaningful traction and product market fit.”
Mike Hirschland Mar 18, 2019 ▶ 8:07 20VC: The Acceptable vs Unacceptable Risks To Take When Seed Investing, Why Loss Ratio Is Not A Consideration & Why Series A Is The Right Time To Establish A Board with Mike Hirshland, Co-Founder @ Resolute Ventures
Mar 18, 2019 positive
Insight
Series A is the right time to form a startup board
“Well, I think it's around the Series A. I think when you're raising a Series A level amount of capital, I think that the investors have an understandable interest In governance and as a company is starting to mature and build out its organization and its manag…”
Mike Hirschland Mar 18, 2019 ▶ 16:26 20VC: The Acceptable vs Unacceptable Risks To Take When Seed Investing, Why Loss Ratio Is Not A Consideration & Why Series A Is The Right Time To Establish A Board with Mike Hirshland, Co-Founder @ Resolute Ventures
Mar 18, 2019
Insight
True VC support requires direct feedback, not superficial founder-friendliness
“There's a difference between, you know, the phrase that's become tossed about a lot being quote founder friendly on the one hand, which means that you're always going to be yielding to the founder and supporting what they want and want to do versus having, you…”
Mike Hirschland Mar 18, 2019 ▶ 14:48 20VC: The Acceptable vs Unacceptable Risks To Take When Seed Investing, Why Loss Ratio Is Not A Consideration & Why Series A Is The Right Time To Establish A Board with Mike Hirshland, Co-Founder @ Resolute Ventures
Mar 18, 2019
Assertion Not checkable as stated
Resolute targets 30 to 35 companies and 10% initial ownership
“Each fund has a portfolio of 30 to 35 companies, and I think we are very consistent in terms of our initial check, which we think is critical in terms of getting to 10% on that first check”
Mike Hirschland Mar 18, 2019 ▶ 12:30 20VC: The Acceptable vs Unacceptable Risks To Take When Seed Investing, Why Loss Ratio Is Not A Consideration & Why Series A Is The Right Time To Establish A Board with Mike Hirshland, Co-Founder @ Resolute Ventures
Mar 18, 2019
Insight
Founders rush investor selection instead of thoroughly evaluating fit
“I think in many instances, yes. I think founders, with good reason, want a very fast process, and they want to get back to work, and are sometimes inclined, really, just to get the best deal as quickly as they can and get back to work. I would personally advis…”
Mike Hirschland Mar 18, 2019 ▶ 15:31 20VC: The Acceptable vs Unacceptable Risks To Take When Seed Investing, Why Loss Ratio Is Not A Consideration & Why Series A Is The Right Time To Establish A Board with Mike Hirshland, Co-Founder @ Resolute Ventures
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