Resolute Ventures prefers investing before startups show early traction
Mike Hirschland · 20VC: The Acceptable vs Unacceptable Risks To Take When Seed Investing, Why Loss Ratio Is Not A Consideration & Why Series A Is The Right Time To Establish A Board with Mike Hirshland, Co-Founder @ Resolute Ventures · Mar 18, 2019 · at 7:00
Mike Hirshland is the co-founder of Resolute Ventures. Speaking on 20VC with Harry Stebbings, he defines Resolute's 'old seed' thesis of evaluating founders and ideas prior to market traction.
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“Our MO, what we really like to do is to be backing teams we fall in love with ideas that we fall in love with, and just that, and so we really do not necessarily look for traction at all. Now, in some instances, when companies approach us, they happen to have had traction, but our model is And really our preference is to go before traction and really be thinking about the team and the idea.”
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