Jenny Lee
7 statements across 1 episodes · 1 bullish · 2 bearish · 1 people on the record · first statement Apr 13, 2023 by Jenny Lee · across every show →
On the record as a speaker too: Jenny Lee's record, appearances and statements → this page counts the times other people say the name.
Everything said about Jenny Lee, oldest first
Apr 13, 2023 negative
Apr 13, 2023 positive
Lee: Founders should reverse-diligence VCs starting from the first meeting
“Having the right investor who knows what it takes to build and have done similar things becomes very important. So doing that due diligence becomes very important. And you should feel very empowered to ask those questions, even from day one of your engagement …”
Apr 13, 2023 neutral
Lee: VCs use post-term sheet legal negotiations to diligence the CEO
“From an investor point of view, a term sheet sign is not a deal done. We continue to do our due diligence up to the last day, and the entire negotiation process with a founder on the terms is a, like the most revealing of all due diligence”
Apr 13, 2023
Apr 13, 2023 negative
Lee: GGV has walked away from deals over protracted legal negotiations
“We have been known to step away from a deal, because through that negotiation process, the only the lawyers are making money, because the clock keeps going, the turns keep going, and I'm like, three million deal, they're gonna spend half a million on legal?”
Apr 13, 2023
Lee: GGV reserves 50% of its early-stage fund for follow-on investments
“In our early stage fund, we do one-to-one, right? So, let's say our fund is five hundred million, we may, we will only plan to invest 250 half, and reserve the other half, you know, for subsequent support of the portfolio company.”