Founders should reference check VCs with their least successful portfolio companies
David Wu · 20 VC 058: 10 Key Traits To Be A Successful Founder with David Wu, General Partner @ Maveron · Jul 29, 2015 · at 10:36
David Wu, General Partner at Maveron, explains how early-stage founders should evaluate prospective venture capital investors before taking funding.
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“Do that same amount of diligence. And, you know, go talk to, Portfolio companies, probably the most successful and the least successful portfolio companies in some of the investors that you're thinking of taking money from, and really understand, you know, how do the act when things are going well, how do the act when things are not going well, and, you know, really what's the character values, and, you know, cadence of these individuals.”
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