Vassallo: LPs Demanded Deal Processing Examples During Defy.vc Fundraising
Trae Vassallo · 20VC: What John Doerr Taught Me About Great Investing, Why Not All A Rounds Are Post-Traction and Why Despite Overfunding, There Is Still Gaps In Venture Financing with Trae Vassallo, Founding Partner @ Defy.vc · Jun 4, 2018 · at 17:07
Trae Vassallo, founding partner at Defy.vc, discusses how showing LPs personal seed investments helped demonstrate how she and co-founder Neil Sequeira collaborate on investment decisions.
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“We did a small personal seed investment that wouldn't really have been what we would have done had the firm been in existence, but LPs absolutely wanted to see how we process deals and how we work together as a team, and so it was definitely a great example that we could point to of how I brought me a more product-centric point of view to looking at companies where Neil brought more of a sales, marketing, and strategy point of view, and so, you know, absolutely was really important to fundraising.”
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