multi-stage firm
also referred to as: multi-stage firms · multistage firm
15 statements across 11 episodes · 2 bullish · 8 bearish · 10 people on the record · first statement Oct 14, 2019 by Brianne Kimmel · across every show →
Everything said about multi-stage firm, oldest first
Oct 14, 2019 negative
Oct 14, 2019 neutral
Repeat founders bypass seed funds for multi-stage firms
“I think you have enough repeat entrepreneurs who are working on their second or third idea already have a Establish relationships in Silicon Valley. They kind of already have a sense for who they want on their board. And for those individuals, they already hav…”
Oct 14, 2019 negative
Multi-stage firms issue seed checks quickly with little diligence
“And I think, to be honest, like one of the challenges that the existing seed funds face is that because of the large fund-sized From these multi-stage firms, then they can very quickly write a check with very little diligence, or they can do it based on existi…”
Mar 23, 2020 negative
Kumar: Multi-stage firms use seed checks as training wheels for new partners
“In a lot of cases, I feel that some of the multi-stage firms coming in and investing at the seed stage is not a function of a calculated strategy, but more of essentially providing a safe playground and training wheels for some of the new folks who are there.”
Mar 23, 2020 negative
Kumar: Multi-stage seed checks are option value that harms struggling startups
“For a lot of these multi-stage firms, the capital that they put into a company in the early stages is just an option value. And if it's just an option value, then if things don't go well, that company is going to have an incredibly difficult time at raising ca…”
Aug 14, 2020 positive
Anna Khan: Early-Stage VCs Build Deeper Founder Bonds Than Multi-Stage Firms
“It's really hard to forget the person that bet on you when no one knew your name or used your product, and I think that is sort of that secret weapon that early stage funds can use because they come out of it with a much deeper and much more emotional connecti…”
Aug 17, 2020
Multi-stage VC bureaucracy makes their decision-making slower than solo GPs
“Look, I can help you build this, and it's not to say that brand name firms can't do that, but there's more bureaucracy, and there's more red tape for a multi-stage firm, for instance, to be able to make a decision as quick as a solo GP.”
May 4, 2021 positive
Tisch: Signaling risk from multi-stage seed investments is an overrated myth
“I think that the myth of sort of you take a seed check from a multi-stage firm, especially in this market, that you are going to struggle to raise your next round if that firm doesn't sort of write the term sheet. I think that's been proven to not be a materia…”
Feb 5, 2024
Apr 24, 2025 negative
Stebbings: Multi-stage VC funds are crushing traditional seed managers
“The multi-stage fund product at seed is so good, so efficient, and their cost of capital is so low that they're just crushing everyone at seed. And this, for me, is another example. Green Oaks leading the seed, doubling down on the A. I think all of the multi-…”
Apr 28, 2025 bearish
May 5, 2025 negative
May 5, 2025 neutral
Moore: Execution against milestones, not multi-stage signaling, determines Series A success
“Usually what I find is that it's like, it's just like the quality of the company at that stage and how they've executed against the milestones that they set forth that determines like the series a success rather than say like the whimsical taste of the multi-s…”
Aug 4, 2025
Multi-Stage VC Is 70% Access, Early-Stage Is 70% Picking
“I would say if you are a multi-stage firm that is, you know, deploying large checks at scale. 70% access. 30% picking. If you are a small and nimble early stage fund that is trying to break into the mold, I'm gonna say it's, you know, 80%, 70% picking. I'll fl…”