Seed Investments From Multi-Stage VC Funds Carry Major Signaling Risk
Jack Altman · 20VC: What Is Core To The Best Investor - Founder Relationships, The Biggest Risk For Founders In The Early Days & Why EQ Is The Most Important Trait For Managers with Jack Altman, Founder & CEO @ Lattice · Nov 3, 2017 · at 20:40
Jack Altman, founder and CEO of Lattice, reflects on taking seed investment from multi-stage firms like Thrive Capital and Khosla Ventures.
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“One thing we did do that has a trade-off is we took on some signaling risk by including large funds like Thrive, And Coastal and our seed round that can cause an issue down the line where if they don't end up supporting you, it makes it challenging for a new investor to come in and say, well, if they didn't want to, you know, continue working with you, like, why would I?”
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