Rohan: Founders invest in domain networks rather than YC Demo Day hype
Terrence Rohan · David Tisch & Terrence Rohan: Biggest Misconceptions & Hardest Truths About Seed Investing | E1112 · 20VC with Harry Stebbings · Feb 5, 2024 · at 48:37
Terrence Rohan, founder of Otherwise, explains why founders make effective seed investors compared to traditional venture capital firms.
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“Most founders are just investing in people they know or in things they know. And then I, that I do think that because they're either investing in their networks. Or they are being sought out by someone building an analogous company, or that's someone in their domain. Founders are rarely chasing heat at YC Demo Day at some random thing, and you know, they're not playing that game.”
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