Fafaria: VC nimbleness is evolving thought to rationalize exceptions, not fast checks
Ashish Fafaria · Before Applying For A Venture Capital Job, Watch This Podcast! I Blume Ventures Partner I Neon Show · Jan 19, 2024 · at 1:14:27
Ashish Fafaria, Partner at Blume Ventures, contrasts the 2021 bull market's definition of VC speed with disciplined early-stage decision-making.
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“The nimbleness until the froth was there in 2021 was defined by how fast you can cut the check and land the money in my bank. I think nimbleness comes in the way we are able to evolve the thoughts and come to rationalizing an exception that you want to make because you have discovered that one or two things that need to go right for this company to do well and not get caught up in the web of one or two things that can go wrong.”
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