Hustle Fund decides on initial $25k checks after one conversation
Elizabeth Yin · 20VC: Why VCs Fundamentally Assess Founders The Wrong Way, Why VC Needs To Innovate On The Scouting Model & Why SAFE's and Convertible Notes Are The Future Of Investing with Elizabeth Yin, Founder & General Partner @ Hustle Fund · Nov 15, 2017 · at 8:32
Elizabeth Yin, General Partner at Hustle Fund, details the fund's operational strategy of writing fast $25,000 pre-seed checks to evaluate execution afterwards.
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“Then we'll be really fast to write a first check, a 25 K check. I think that since I'm a GP of hustle fund, we have to move fast ourselves. So within a conversation, pretty much like unless there's something jarring where we absolutely need a second conversation or I totally missed something pretty much after one conversation, we'll decide either we're going to write that check or here are the things that we would want to see in order for us to write that check.”
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