Resolute Ventures

fund on 3 shows · 7 statements across 3 episodes · said 3 times in 3 episodes since 2016

Top Founders 2 Capital Allocators 1 20VC

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Top Founders 2Capital Allocators 1

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7 statements about Resolute Ventures, every show

20VC Disclosure
Resolute Ventures prefers investing before startups show early traction
“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 …”
Mike Hirschland Mar 18, 2019 ▶ 7:00 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
20VC Insight
Early startup traction does not predict long-term product-market fit
“But our view is that, that those early signs of traction really are not very telling about whether they're ultimately going to have meaningful traction and product market fit.”
Mike Hirschland Mar 18, 2019 ▶ 8:07 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
20VC Disclosure
Resolute Ventures does not consider loss ratio in seed investing
“Quite honestly, we don't think about loss ratio, which I suppose is in some that might be the answer that it's less important to us and is likely going to be higher. Honestly, when those conversations come up with LPs, I tend to be very direct in that we reall…”
Mike Hirschland Mar 18, 2019 ▶ 9:14 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
20VC Assertion Not checkable as stated
Resolute targets 30 to 35 companies and 10% initial ownership
“Each fund has a portfolio of 30 to 35 companies, and I think we are very consistent in terms of our initial check, which we think is critical in terms of getting to 10% on that first check”
Mike Hirschland Mar 18, 2019 ▶ 12:30 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
20VC Insight
True VC support requires direct feedback, not superficial founder-friendliness
“There's a difference between, you know, the phrase that's become tossed about a lot being quote founder friendly on the one hand, which means that you're always going to be yielding to the founder and supporting what they want and want to do versus having, you…”
Mike Hirschland Mar 18, 2019 ▶ 14:48 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
20VC Disclosure
Foundry Group Announces New Investment in Resolute Ventures
“I don't think we've announced this yet, but I'm happy to. We are investing with Resolute Ventures.”
Lyndall Eakman Oct 12, 2016 ▶ 20:29 20VC: Why Many VCs Fail To Raise, Why LP Compensation Is A Massive Problem & Why Fund of Funds Will Become More Prominent with Lindel Eakman, Managing Director @ Foundry Group
TOP FOUNDERS Disclosure
Resolute, Aspect Ventures, and Hiten Shah invested in Latergram's seed
“We did raise more money later on and sort of close out the seed round. Resolute founders, Heaton Shaw, invested some money and then also Aspect Ventures, so they're you know, Teresa Gao, and Jennifer Swanstead, and Lauren and Claudney put some money in as well…”
Matt Smith Mar 6, 2016 ▶ 19:07 How Latergram.me Grew to $50k/mo, 500,000 users, $1.2m Raised in Episode 190 with Matt Smith

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