Founders will need four times more VC meetings to raise capital
Mark Suster · 20VC: Upfront's Mark Suster on COVID Redefining What A Great Company Looks Like and What Valuations Look Like, Why Pay-To-Play Is Back On The Table & Why We Will See The Death of Party Rounds · Apr 20, 2020 · at 14:52
Mark Suster, Managing Partner at Upfront Ventures, warns startup founders about the severity of the fundraising environment during the early months of the pandemic.
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“It might take four times more VC meetings to get one check than it did only three months ago, but prepare for probably the hardest economic environment of any of our lifetimes, not just yours if you're a younger founder, but of anyone alive today.”
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