VC Guide

Building For Founders

Anonymous fund & investor partner reviews by founders for founders.
Net promoter scores for VCs.

December 2023 Edition

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Ryan is very approachable and genuinely wants to help other founders with his feedback. I met him at a conference in Canada and he was kind enough to spend some time and speak with me on my idea. He also offered to edit my blog post.
Ryan is very approachable and genuinely wants to help other founders with his feedback. I met him at a conference in Canada and he was kind enough to spend some time and speak with me on my idea. He also offered to edit my blog post.
Ryan is very approachable and genuinely wants to help other founders with his feedback. I met him at a conference in Canada and he was kind enough to spend some time and speak with me on my idea. He also offered to edit my blog post.
Verified Investor Response:
Helps Founders:
10/10
Saves & Gives Founders Money:
Yes!
Needs to be Profitable?
Nope!
Is This For Real?
13/10
Founder Guarantee?
Nope!
Fees?
Unlimited cards. Zero fees.
Spend Control & Transparency?
13/10
Built to Save Founders Monay?
Yes!
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1

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Santo is a pain to work with, regularly ghosting meetings and generally being extremely unresponsive. There are probably better people at Spark to work with if you can.
Santo is a pain to work with, regularly ghosting meetings and generally being extremely unresponsive. There are probably better people at Spark to work with if you can.
Santo is a pain to work with, regularly ghosting meetings and generally being extremely unresponsive. There are probably better people at Spark to work with if you can.
Verified Investor Response:
Helps Founders:
10/10
Saves & Gives Founders Money:
Yes!
Needs to be Profitable?
Nope!
Is This For Real?
13/10
Founder Guarantee?
Nope!
Fees?
Unlimited cards. Zero fees.
Spend Control & Transparency?
13/10
Built to Save Founders Monay?
Yes!
Oops! Something went wrong while submitting the form.

0

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STAY AWAY from NEXT Canada. They not only waste your time to no end, they are falsely advertising that they'll fund you, give you customer intros and help you grow. They will do NONE of those things. The "program" that they advertise is essentially a semester of school where professors teach you business 101 and assign you homework - literal assignments that are unrelated to your business. This is great if you're right out of school, but if you've run a company or even worked at a company - this becomes completely useless to you. Getting customer intros to their partner network is basically like pulling teeth. They will not reply to any emails, regardless how many times you ask or they pretend to offer. They also have absolutely no funds available to startups - their fund is dry. There is no funding guaranteed upon acceptance, despite what they're attempting to advertise online. What happens is that you have to apply for cash across several rounds throughout the program, jump through several pitch meetings and get let down midway when the realization hits you that their well is dry as a bone. If you get into NEXT, expect to be ignored, berated and frustrated.
STAY AWAY from NEXT Canada. They not only waste your time to no end, they are falsely advertising that they'll fund you, give you customer intros and help you grow. They will do NONE of those things. The "program" that they advertise is essentially a semester of school where professors teach you business 101 and assign you homework - literal assignments that are unrelated to your business. This is great if you're right out of school, but if you've run a company or even worked at a company - this becomes completely useless to you. Getting customer intros to their partner network is basically like pulling teeth. They will not reply to any emails, regardless how many times you ask or they pretend to offer. They also have absolutely no funds available to startups - their fund is dry. There is no funding guaranteed upon acceptance, despite what they're attempting to advertise online. What happens is that you have to apply for cash across several rounds throughout the program, jump through several pitch meetings and get let down midway when the realization hits you that their well is dry as a bone. If you get into NEXT, expect to be ignored, berated and frustrated.
STAY AWAY from NEXT Canada. They not only waste your time to no end, they are falsely advertising that they'll fund you, give you customer intros and help you grow. They will do NONE of those things. The "program" that they advertise is essentially a semester of school where professors teach you business 101 and assign you homework - literal assignments that are unrelated to your business. This is great if you're right out of school, but if you've run a company or even worked at a company - this becomes completely useless to you. Getting customer intros to their partner network is basically like pulling teeth. They will not reply to any emails, regardless how many times you ask or they pretend to offer. They also have absolutely no funds available to startups - their fund is dry. There is no funding guaranteed upon acceptance, despite what they're attempting to advertise online. What happens is that you have to apply for cash across several rounds throughout the program, jump through several pitch meetings and get let down midway when the realization hits you that their well is dry as a bone. If you get into NEXT, expect to be ignored, berated and frustrated.
Verified Investor Response:
Helps Founders:
10/10
Saves & Gives Founders Money:
Yes!
Needs to be Profitable?
Nope!
Is This For Real?
13/10
Founder Guarantee?
Nope!
Fees?
Unlimited cards. Zero fees.
Spend Control & Transparency?
13/10
Built to Save Founders Monay?
Yes!
Oops! Something went wrong while submitting the form.

0

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Quick to make decisions, founder-friendly, very smart and makes valuable intros. Also, such a gentleman. He truly makes sure everyone in a meeting feels respected and counted.
Quick to make decisions, founder-friendly, very smart and makes valuable intros. Also, such a gentleman. He truly makes sure everyone in a meeting feels respected and counted.
Quick to make decisions, founder-friendly, very smart and makes valuable intros. Also, such a gentleman. He truly makes sure everyone in a meeting feels respected and counted.
Verified Investor Response:
Helps Founders:
10/10
Saves & Gives Founders Money:
Yes!
Needs to be Profitable?
Nope!
Is This For Real?
13/10
Founder Guarantee?
Nope!
Fees?
Unlimited cards. Zero fees.
Spend Control & Transparency?
13/10
Built to Save Founders Monay?
Yes!
Oops! Something went wrong while submitting the form.

0

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Quick responses, is very transparent about the firm's requirements, very no-BS and extremely friendly to founders. Nate is great!
Quick responses, is very transparent about the firm's requirements, very no-BS and extremely friendly to founders. Nate is great!
Quick responses, is very transparent about the firm's requirements, very no-BS and extremely friendly to founders. Nate is great!
Verified Investor Response:
Helps Founders:
10/10
Saves & Gives Founders Money:
Yes!
Needs to be Profitable?
Nope!
Is This For Real?
13/10
Founder Guarantee?
Nope!
Fees?
Unlimited cards. Zero fees.
Spend Control & Transparency?
13/10
Built to Save Founders Monay?
Yes!
Oops! Something went wrong while submitting the form.

0

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He's kind of the incredibly kind 'dad' that you always wished didn't leave you — very caring, and just wants to invest in good people working on social good.
He's kind of the incredibly kind 'dad' that you always wished didn't leave you — very caring, and just wants to invest in good people working on social good.
He's kind of the incredibly kind 'dad' that you always wished didn't leave you — very caring, and just wants to invest in good people working on social good.
Verified Investor Response:
Helps Founders:
10/10
Saves & Gives Founders Money:
Yes!
Needs to be Profitable?
Nope!
Is This For Real?
13/10
Founder Guarantee?
Nope!
Fees?
Unlimited cards. Zero fees.
Spend Control & Transparency?
13/10
Built to Save Founders Monay?
Yes!
Oops! Something went wrong while submitting the form.

0

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David and I met a few times during our seed fundraise. I really enjoyed our conversations, even if we didn't end up raising from them.
David and I met a few times during our seed fundraise. I really enjoyed our conversations, even if we didn't end up raising from them.
David and I met a few times during our seed fundraise. I really enjoyed our conversations, even if we didn't end up raising from them.
Verified Investor Response:
Helps Founders:
10/10
Saves & Gives Founders Money:
Yes!
Needs to be Profitable?
Nope!
Is This For Real?
13/10
Founder Guarantee?
Nope!
Fees?
Unlimited cards. Zero fees.
Spend Control & Transparency?
13/10
Built to Save Founders Monay?
Yes!
Oops! Something went wrong while submitting the form.

0

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Sean invested early stage in a company I built. Once I started raising another round, he took the time to help me prepare and made introductions to other investors. He followed on his early investment, as well. He is really intense and hard working and he expects the same from the people he works with. Sometimes, that can be a little overwhelming. If you get the chance, he's a good investor to have in your company.
Sean invested early stage in a company I built. Once I started raising another round, he took the time to help me prepare and made introductions to other investors. He followed on his early investment, as well. He is really intense and hard working and he expects the same from the people he works with. Sometimes, that can be a little overwhelming. If you get the chance, he's a good investor to have in your company.
Sean invested early stage in a company I built. Once I started raising another round, he took the time to help me prepare and made introductions to other investors. He followed on his early investment, as well. He is really intense and hard working and he expects the same from the people he works with. Sometimes, that can be a little overwhelming. If you get the chance, he's a good investor to have in your company.
Verified Investor Response:
Helps Founders:
10/10
Saves & Gives Founders Money:
Yes!
Needs to be Profitable?
Nope!
Is This For Real?
13/10
Founder Guarantee?
Nope!
Fees?
Unlimited cards. Zero fees.
Spend Control & Transparency?
13/10
Built to Save Founders Monay?
Yes!
Oops! Something went wrong while submitting the form.

0

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A bit confused about how he's running a fund and also running his own company? Seems to be a lot of talk, but nice guy though.
A bit confused about how he's running a fund and also running his own company? Seems to be a lot of talk, but nice guy though.
A bit confused about how he's running a fund and also running his own company? Seems to be a lot of talk, but nice guy though.
Verified Investor Response:
Helps Founders:
10/10
Saves & Gives Founders Money:
Yes!
Needs to be Profitable?
Nope!
Is This For Real?
13/10
Founder Guarantee?
Nope!
Fees?
Unlimited cards. Zero fees.
Spend Control & Transparency?
13/10
Built to Save Founders Monay?
Yes!
Oops! Something went wrong while submitting the form.

0

Oops! Something went wrong while submitting the form.
VC agreed to invest in our company and then ghosted us when we asked for the amount for the SAFE notes. They asked for a number of documents and financial records, and then just vanished. Very unprofessional and disrespectful.
VC agreed to invest in our company and then ghosted us when we asked for the amount for the SAFE notes. They asked for a number of documents and financial records, and then just vanished. Very unprofessional and disrespectful.
VC agreed to invest in our company and then ghosted us when we asked for the amount for the SAFE notes. They asked for a number of documents and financial records, and then just vanished. Very unprofessional and disrespectful.
Verified Investor Response:
Helps Founders:
10/10
Saves & Gives Founders Money:
Yes!
Needs to be Profitable?
Nope!
Is This For Real?
13/10
Founder Guarantee?
Nope!
Fees?
Unlimited cards. Zero fees.
Spend Control & Transparency?
13/10
Built to Save Founders Monay?
Yes!
Oops! Something went wrong while submitting the form.

1

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