Accepting preemptive rounds is significantly more efficient than running active fundraising processes
Rahul Vohra · 20VC: Superhuman's Rahul Vohra on How To Measure Product Market Fit, How To Construct A Process To Increase It & How To Implement A Strong Feedback and Reporting Cycle To Sustain It · Feb 22, 2019 · at 28:54
Rahul Vohra, founder and CEO of Superhuman, explains his approach to fundraising on 20VC with host Harry Stebbings.
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“I have found for superhuman, and we've been executing it this way, that it is actually, if you can pull it off, much, much, much more efficient to not do that and to let the market come to you. So to be always sufficiently well capitalized ahead of your needs so that you At the right time, the right seed investor will come to you. The right series A investor will come to you. The right series B investor will come to you, and they'll preempt your next round. So always be open to that idea, and I'm always open to it both from lead investors as well as from individual angel investors, and never be out actively trying to chase capital.”
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