Koppelman: First Round optimizes for giving founders a quick yes or quick no
Josh Koppelman · Learn from every "no" (with Walker & Company's Tristan Walker) · Nov 24, 2020 · at 24:26
Josh Koppelman, founding partner at First Round Capital, describes his philosophy on founder communication and avoiding dragging out investment decisions.
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“My favorite were the quick yes, my second favorite were the quick no, and my least favorite was the long drawn out, maybe if you show me this, improve this. I knew that I wanted to be in class one or two, And that's what I optimize for, you know, quick yes or quick no.”
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