Saar Gur is a General Partner at CRV discussing the reality of venture capital value-add versus founder effort in startup success.
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“Again, having, having worked in companies, I realized that, you know, some, we, I think we add value, but you know, 99% of the work is on the founders, but there's true, the biggest value that we add is the money.”
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More from Sar Gur
Disclosure
CRV frequently funds portfolio startups rejected by outside investors
“At CRV, we tend to come from believing in the founder's First at the time we invest, then that, you know, that investment is mostly a statement of belief in the team, and so if the team is making progress, I find time and time again, honestly, we throw good mo…”
Sar GurMar 27, 2017▶ 7:5920VC: How Investors Can Build Relationships with Founders In Organic, Non-Transactional Ways & How VCs Should Handle Founder Disputes with Saar Gur, General Partner @ CRV
Opinion
Gur: Many early-stage VCs panic when portfolio companies face turbulence
“I find many investors, especially at the early stage, when things are not going well, it's like turbulence in a plane. They're like the, you know, the person freaking out and yelling, like, we're gonna die.”
Sar GurMar 27, 2017▶ 11:5420VC: How Investors Can Build Relationships with Founders In Organic, Non-Transactional Ways & How VCs Should Handle Founder Disputes with Saar Gur, General Partner @ CRV
Opinion
Gur: Venture capital needs diversity to overcome male and white bias
“You know, I definitely don't think we need more VCs, but we definitely need a All the great businesses I know out there that aren't getting funded and could have a big impact in the world, and they just don't get funded because of the biases that we have as a …”
Sar GurMar 27, 2017▶ 19:4820VC: How Investors Can Build Relationships with Founders In Organic, Non-Transactional Ways & How VCs Should Handle Founder Disputes with Saar Gur, General Partner @ CRV
Insight
Gur: VCs should support struggling founders because downside is capped at 1x
“When you truly just come at this from like, okay, we can only lose one times our money. Let's focus on just, you know, believing in this team to figure it out. I think magic can happen.”
Sar GurMar 27, 2017▶ 12:2120VC: How Investors Can Build Relationships with Founders In Organic, Non-Transactional Ways & How VCs Should Handle Founder Disputes with Saar Gur, General Partner @ CRV
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