Moore: Picking an investor is like hiring a general contractor, not marriage
Bucky Moore · Why Bucky Moore Joined $30 Billion AUM Megafund Lightspeed · Sourcery with Molly O'Shea · May 5, 2025 · at 24:05
Lightspeed partner Bucky Moore discusses founder fundraising dynamics with Molly O'Shea, elaborating on Parker Conrad's analogy about choosing lead investors.
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“Because if you marry wrong, it's tragic, but you can get a divorce, right? You can make a change. Once you pick a general contractor, and I know this from personal experience, having remodeled the house with my wife a couple years ago, you are stuck with that person. And this is more similar to what it's like working with an investor board member, in the sense that if you realize you made a mistake a few months in, there's not a whole lot you can do about it. You can complain, maybe you can lobby for the firm to switch out another partner. But it's just not easy, right? And so I think the marriage analogy is sort of broken in that sense, and it is more like a general contractor, as coarse as it sounds.”
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