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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She knows product and she has a crazy great network. My dream investor!
She knows product and she has a crazy great network. My dream investor!
She knows product and she has a crazy great network. My dream investor!
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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0

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I found Fred to be responsive and mostly respectful. While he ultimately declined to invest in my startup, he was timely with his response and gave high-level reasoning. My biggest complaint is that Launchpad brings in a lot of digital health companies but makes very very few investments despite having recently raised a new fund. They seem to be spending most of it on previous investments.
I found Fred to be responsive and mostly respectful. While he ultimately declined to invest in my startup, he was timely with his response and gave high-level reasoning. My biggest complaint is that Launchpad brings in a lot of digital health companies but makes very very few investments despite having recently raised a new fund. They seem to be spending most of it on previous investments.
I found Fred to be responsive and mostly respectful. While he ultimately declined to invest in my startup, he was timely with his response and gave high-level reasoning. My biggest complaint is that Launchpad brings in a lot of digital health companies but makes very very few investments despite having recently raised a new fund. They seem to be spending most of it on previous investments.
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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Steve came on very strong, lots of hugs, "bro time" and offered a higher price than most. Promised tons of introductions to customers he claimed he knew well. Strung us along till we took his investment. The only introductions we ever received were from his partner who made them no questions asked, who not shockingly, is no longer with the firm. Steve continually wastes our time. Every board meeting he treats as a personal update session. He continually pushes his platform team on us. They are ex-consultants who have no idea how startups operate and just waste my team's time. If you have other term sheets, take them. Don't make this mistake.
Steve came on very strong, lots of hugs, "bro time" and offered a higher price than most. Promised tons of introductions to customers he claimed he knew well. Strung us along till we took his investment. The only introductions we ever received were from his partner who made them no questions asked, who not shockingly, is no longer with the firm. Steve continually wastes our time. Every board meeting he treats as a personal update session. He continually pushes his platform team on us. They are ex-consultants who have no idea how startups operate and just waste my team's time. If you have other term sheets, take them. Don't make this mistake.
Steve came on very strong, lots of hugs, "bro time" and offered a higher price than most. Promised tons of introductions to customers he claimed he knew well. Strung us along till we took his investment. The only introductions we ever received were from his partner who made them no questions asked, who not shockingly, is no longer with the firm. Steve continually wastes our time. Every board meeting he treats as a personal update session. He continually pushes his platform team on us. They are ex-consultants who have no idea how startups operate and just waste my team's time. If you have other term sheets, take them. Don't make this mistake.
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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Typical VC with no start-up experience. For later stage investors, this isn't a big deal, but for early stage (where he claims to invest), he gets very hung up on minute issues that are ubiquitous in early stage companies. Lastly, he's just egotistical, know-it-all, and doesn't seem pleasant to converse with. The prototypical "never done it but thinks he has all the answers" VC.
Typical VC with no start-up experience. For later stage investors, this isn't a big deal, but for early stage (where he claims to invest), he gets very hung up on minute issues that are ubiquitous in early stage companies. Lastly, he's just egotistical, know-it-all, and doesn't seem pleasant to converse with. The prototypical "never done it but thinks he has all the answers" VC.
Typical VC with no start-up experience. For later stage investors, this isn't a big deal, but for early stage (where he claims to invest), he gets very hung up on minute issues that are ubiquitous in early stage companies. Lastly, he's just egotistical, know-it-all, and doesn't seem pleasant to converse with. The prototypical "never done it but thinks he has all the answers" VC.
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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Villi is straightforward and trustworthy. This is what you want in an ally when you are building your company. I was introduced to him by another founder who he had passed on, and the founder recommended him to me saying he was incredibly helpful despite not investing. After working with Villi, I agree. He has immense expertise, gives direct and actionable feedback, and even after leaving his last firm, kept in touch with us to continue helping us build the company. I highly recommend him to any founder.
Villi is straightforward and trustworthy. This is what you want in an ally when you are building your company. I was introduced to him by another founder who he had passed on, and the founder recommended him to me saying he was incredibly helpful despite not investing. After working with Villi, I agree. He has immense expertise, gives direct and actionable feedback, and even after leaving his last firm, kept in touch with us to continue helping us build the company. I highly recommend him to any founder.
Villi is straightforward and trustworthy. This is what you want in an ally when you are building your company. I was introduced to him by another founder who he had passed on, and the founder recommended him to me saying he was incredibly helpful despite not investing. After working with Villi, I agree. He has immense expertise, gives direct and actionable feedback, and even after leaving his last firm, kept in touch with us to continue helping us build the company. I highly recommend him to any founder.
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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Andy was extremely responsive throughout the fundraising process and asked tough but insightful questions in our meetings with him. It was clear that he had read the deck and done research prior to the initial meeting. Although we ended up being too early, he took the time to call us to tell us their decision and reasoning behind it, as well as offer intros to to angels that might be helpful.
Andy was extremely responsive throughout the fundraising process and asked tough but insightful questions in our meetings with him. It was clear that he had read the deck and done research prior to the initial meeting. Although we ended up being too early, he took the time to call us to tell us their decision and reasoning behind it, as well as offer intros to to angels that might be helpful.
Andy was extremely responsive throughout the fundraising process and asked tough but insightful questions in our meetings with him. It was clear that he had read the deck and done research prior to the initial meeting. Although we ended up being too early, he took the time to call us to tell us their decision and reasoning behind it, as well as offer intros to to angels that might be helpful.
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 Jason Calacanis
He's Jason Calacanis
He's Jason Calacanis
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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One of the worst experiences I've had meeting an investor. Danny was brusque, dismissive, and surface level in our discussions. We were at pre-seed stage, where the evaluation is primarily about the team and the market. Rather than getting to know us and our backgrounds, or diving into the unique insight we had about our market, Danny began grilling us on specific customer acquisition tactics that were more appropriate for an e-comm business than for software. In fairness (but also tech founders beware!) he's best known for investments in e-comm -- Glossier, Farfetch, 1stdibs, etc. He doesn't seem to really understand software, nor does he have a sensical evaluation framework for early stage companies. Again in fairness, we should not have been in discussions with a multi-stage firm given our stage... on some level, of course we would have been talking past each other. However, his dismissive demeanor and aggressive grilling should be a red flag to any founder. There are enough investors who treat every founder with respect, and the most sophisticated multi-stage investors know that their reputation with early-stage founders is critical to their future pipeline. Hard pass.
One of the worst experiences I've had meeting an investor. Danny was brusque, dismissive, and surface level in our discussions. We were at pre-seed stage, where the evaluation is primarily about the team and the market. Rather than getting to know us and our backgrounds, or diving into the unique insight we had about our market, Danny began grilling us on specific customer acquisition tactics that were more appropriate for an e-comm business than for software. In fairness (but also tech founders beware!) he's best known for investments in e-comm -- Glossier, Farfetch, 1stdibs, etc. He doesn't seem to really understand software, nor does he have a sensical evaluation framework for early stage companies. Again in fairness, we should not have been in discussions with a multi-stage firm given our stage... on some level, of course we would have been talking past each other. However, his dismissive demeanor and aggressive grilling should be a red flag to any founder. There are enough investors who treat every founder with respect, and the most sophisticated multi-stage investors know that their reputation with early-stage founders is critical to their future pipeline. Hard pass.
One of the worst experiences I've had meeting an investor. Danny was brusque, dismissive, and surface level in our discussions. We were at pre-seed stage, where the evaluation is primarily about the team and the market. Rather than getting to know us and our backgrounds, or diving into the unique insight we had about our market, Danny began grilling us on specific customer acquisition tactics that were more appropriate for an e-comm business than for software. In fairness (but also tech founders beware!) he's best known for investments in e-comm -- Glossier, Farfetch, 1stdibs, etc. He doesn't seem to really understand software, nor does he have a sensical evaluation framework for early stage companies. Again in fairness, we should not have been in discussions with a multi-stage firm given our stage... on some level, of course we would have been talking past each other. However, his dismissive demeanor and aggressive grilling should be a red flag to any founder. There are enough investors who treat every founder with respect, and the most sophisticated multi-stage investors know that their reputation with early-stage founders is critical to their future pipeline. Hard pass.
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.

3

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Told us he would invest and lead, then strung us along for almost a year and ended up ghosting. I don't mind investors saying no, but his behavior was unparalleled.
Told us he would invest and lead, then strung us along for almost a year and ended up ghosting. I don't mind investors saying no, but his behavior was unparalleled.
Told us he would invest and lead, then strung us along for almost a year and ended up ghosting. I don't mind investors saying no, but his behavior was unparalleled.
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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Brad is insanely smart VC with an almost uncanny foresight into how the world and markets will look in the future. He is NOT an active day to day board member or investor and is pretty detached from what is actually going on at a company. Great firm and incredibly smart in thinking through the long term strategy.
Brad is insanely smart VC with an almost uncanny foresight into how the world and markets will look in the future. He is NOT an active day to day board member or investor and is pretty detached from what is actually going on at a company. Great firm and incredibly smart in thinking through the long term strategy.
Brad is insanely smart VC with an almost uncanny foresight into how the world and markets will look in the future. He is NOT an active day to day board member or investor and is pretty detached from what is actually going on at a company. Great firm and incredibly smart in thinking through the long term strategy.
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.

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