Nexus often leads internal rounds to save founders from time-consuming fundraises
Naren Gupta · Naren Gupta on the journey of Nexus Venture Partners · Aug 30, 2020 · at 21:39
Naren Gupta, co-founder of Nexus Venture Partners, explains why the firm proactively offers follow-on checks to portfolio companies instead of requiring them to search for outside leads.
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“First of all we are very protective of entrepreneurs time. And oftentimes we feel we are at a critical point in the company and going out in the market and spending time raising funding, which is time consuming. And it should be, people are putting their heart and money behind you is not a good use of time. And we often go out and say, Hey, look, I mean, here is our offer. It's reasonable, probably not the highest, Certainly not the lowest, certainly not buying, we are not buying anything for cheap, and you may want to consider, ah, you know, taking our offer.”
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