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D 4 · C 5 · P 5 · Cm 4 4.55
Q terms of, we said about, kind of, the massive demand For the supply of startups that you have at YC, I'm intrigued. When you look at that disequilibrium, how can investors then looking to get into the best deals when it's so hotly competitive, and what advice do you give the founders in terms of selection of investors when they have such a variety available to them on Demo Day?
A So, I have three pieces of advice for investors who want to get into the best deals at Demo Day, and this refers to the investors who are coming in person. The first thing is you have to move fast. There are many investors who are used to Taking their time with due diligence, which might be fine in other circumstances, but it simply doesn't work at demo day because there's, there's so much activity happening. So you just can't take a couple of weeks to think over a deal run it by industry contacts and do background research and things like that. If you do that, you're, you're likely to miss the best deals. If you're an investment firm, you might think about creating a special process for For demo day. For example, many VC firms do run all investment deals by an investment committee that meets on Monday every, every week. Yeah, absolutely. That doesn't work great for demo day because demo day is traditionally on Monday and Tuesday, which means investors are making decisions Wednesday, Thursday, Friday. So if you're a VC and you can't make a decision until the following Monday, there's a decent chance that the deal will go off the table before that. Therefore, many of the best VCs in Multiple partners meeting to review investment deals just for demo day, which happens ordinarily on the Wednesday immediately following demo day so that they can review the deals and make quick decis…
AI assessment note: “I have three pieces of advice for investors who want to get into the best deals”
Answered produced feed
D 4 · C 5 · P 5 · Cm 4 4.55
Q terms of, we said about, kind of, the massive demand For the supply of startups that you have at YC, I'm intrigued. When you look at that disequilibrium, how can investors then looking to get into the best deals when it's so hotly competitive, and what advice do you give the founders in terms of selection of investors when they have such a variety available to them on Demo Day?
A So, I have three pieces of advice for investors who want to get into the best deals at Demo Day, and this refers to the investors who are coming in person. The first thing is you have to move fast. There are many investors who are used to Taking their time with due diligence, which might be fine in other circumstances, but it simply doesn't work at demo day because there's, there's so much activity happening. So you just can't take a couple of weeks to think over a deal run it by industry contacts and do background research and things like that. If you do that, you're, you're likely to miss the best deals. If you're an investment firm, you might think about creating a special process for For demo day. For example, many VC firms do run all investment deals by an investment committee that meets on Monday every, every week. Yeah, absolutely. That doesn't work great for demo day because demo day is traditionally on Monday and Tuesday, which means investors are making decisions Wednesday, Thursday, Friday. So if you're a VC and you can't make a decision until the following Monday, there's a decent chance that the deal will go off the table before that. Therefore, many of the best VCs in Multiple partners meeting to review investment deals just for demo day, which happens ordinarily on the Wednesday immediately following demo day so that they can review the deals and make quick decis…
AI assessment note: “I have three pieces of advice for investors who want to get into the best”
