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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Multiple meetings, false excitement. Ghosted when time came to deliver on commitments.
Multiple meetings, false excitement. Ghosted when time came to deliver on commitments.
Multiple meetings, false excitement. Ghosted when time came to deliver on commitments.
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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Angela is thoughtful, smart, and incredibly nice. Every interaction I had with her down to the emails showed that she really cares about founders. Ultimately ended up passing on us, but provided clear and honest feedback in a timely way. Highly recommend chatting with her if you get the chance.
Angela is thoughtful, smart, and incredibly nice. Every interaction I had with her down to the emails showed that she really cares about founders. Ultimately ended up passing on us, but provided clear and honest feedback in a timely way. Highly recommend chatting with her if you get the chance.
Angela is thoughtful, smart, and incredibly nice. Every interaction I had with her down to the emails showed that she really cares about founders. Ultimately ended up passing on us, but provided clear and honest feedback in a timely way. Highly recommend chatting with her if you get the chance.
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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We had a pretty rough experience with Naomi when we met with her. She didn't really understand our space or what we were doing, and it felt like we were wasting her time even though Menlo reached out to us.
We had a pretty rough experience with Naomi when we met with her. She didn't really understand our space or what we were doing, and it felt like we were wasting her time even though Menlo reached out to us.
We had a pretty rough experience with Naomi when we met with her. She didn't really understand our space or what we were doing, and it felt like we were wasting her time even though Menlo reached out to us.
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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Leah is incredibly thoughtful, down to earth, action oriented and realistic. Our funding round with her was closed super fast, every interaction with her and her team has been seamless. She always makes herself available but has not been super proactive with outreach and support - with may or may not be a good thing, depending on the level of involvement you're looking for in your partners. She is INCREDIBLY personable and real; 100% the kind of person you want to have a personal relationship with. In doing my due diligence prior to taking investment, I contact others who've invested in her in the past, and all have similar, long term relationships with her years after initial investment, suggesting that she is the sort of person who operates with decorum, values those relationships and operates as such.
Leah is incredibly thoughtful, down to earth, action oriented and realistic. Our funding round with her was closed super fast, every interaction with her and her team has been seamless. She always makes herself available but has not been super proactive with outreach and support - with may or may not be a good thing, depending on the level of involvement you're looking for in your partners. She is INCREDIBLY personable and real; 100% the kind of person you want to have a personal relationship with. In doing my due diligence prior to taking investment, I contact others who've invested in her in the past, and all have similar, long term relationships with her years after initial investment, suggesting that she is the sort of person who operates with decorum, values those relationships and operates as such.
Leah is incredibly thoughtful, down to earth, action oriented and realistic. Our funding round with her was closed super fast, every interaction with her and her team has been seamless. She always makes herself available but has not been super proactive with outreach and support - with may or may not be a good thing, depending on the level of involvement you're looking for in your partners. She is INCREDIBLY personable and real; 100% the kind of person you want to have a personal relationship with. In doing my due diligence prior to taking investment, I contact others who've invested in her in the past, and all have similar, long term relationships with her years after initial investment, suggesting that she is the sort of person who operates with decorum, values those relationships and operates as such.
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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Spent a lot of time with this investor and firm. A couple of calls, a lot of expressed interest, access to the data room, and then a complete ghosting. Disappointing experience overall. As the process went further it seemed like there was less and less respect for our time.
Spent a lot of time with this investor and firm. A couple of calls, a lot of expressed interest, access to the data room, and then a complete ghosting. Disappointing experience overall. As the process went further it seemed like there was less and less respect for our time.
Spent a lot of time with this investor and firm. A couple of calls, a lot of expressed interest, access to the data room, and then a complete ghosting. Disappointing experience overall. As the process went further it seemed like there was less and less respect for our time.
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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Intro-ed to me twice through mutual conncetions but ghosted both times. Might be super helpful in a meeting context but we never got there.
Intro-ed to me twice through mutual conncetions but ghosted both times. Might be super helpful in a meeting context but we never got there.
Intro-ed to me twice through mutual conncetions but ghosted both times. Might be super helpful in a meeting context but we never got there.
Verified Investor Response:
Hi! Thank you for your feedback. I'm so sorry you felt this way about our potential interaction. I can't recall ever failing to respond to a warm intro: that's something I take very seriously. That said, if the intro was cold: there was a period recently where I was offline for COVID-related emergencies. My hope/assumption is that my failure to respond, and this interaction, fell within this period. I'm happy this platform exists to hold VCs accountable. I'd love to rectify the situation. Email me at berardo@rosecliff.com if you'd still be open to chatting. I appreciate your clarification that we never actually had the chance to chat: I believe this doesn't reflect my attitude as an investor and I'd love to apologize for the oversight. As a final aside, inbound intros sometimes miss me because founders/connections email my old business email: berardo@rosecliffvc.com, or the email is quarantined by our new cybersecurity software.
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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The analyst in the VC firm reached out to us asking for a meeting. We were building the product at that time and hence we said we could talk may be in 1-2 months. He followed up diligently after 1.5 months. This time we agreed for a meeting provided the partner (Alok) also joins. We had shared the deck upfront, expecting they could ask more pointed question in the meeting. But the meeting experience was very under whelming. It didn't seem like they had even looked at the deck or done any research on our domain. They asked few boiler plate questions like traction, GTM and then told that we are early for them and we will touch base again in a few months. The meeting left a bad taste in out mouth. If you followup and ask for a meeting, at least do some research about the domain. It was a waste of 45 mins of our time
The analyst in the VC firm reached out to us asking for a meeting. We were building the product at that time and hence we said we could talk may be in 1-2 months. He followed up diligently after 1.5 months. This time we agreed for a meeting provided the partner (Alok) also joins. We had shared the deck upfront, expecting they could ask more pointed question in the meeting. But the meeting experience was very under whelming. It didn't seem like they had even looked at the deck or done any research on our domain. They asked few boiler plate questions like traction, GTM and then told that we are early for them and we will touch base again in a few months. The meeting left a bad taste in out mouth. If you followup and ask for a meeting, at least do some research about the domain. It was a waste of 45 mins of our time
The analyst in the VC firm reached out to us asking for a meeting. We were building the product at that time and hence we said we could talk may be in 1-2 months. He followed up diligently after 1.5 months. This time we agreed for a meeting provided the partner (Alok) also joins. We had shared the deck upfront, expecting they could ask more pointed question in the meeting. But the meeting experience was very under whelming. It didn't seem like they had even looked at the deck or done any research on our domain. They asked few boiler plate questions like traction, GTM and then told that we are early for them and we will touch base again in a few months. The meeting left a bad taste in out mouth. If you followup and ask for a meeting, at least do some research about the domain. It was a waste of 45 mins of our time
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.

6

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Turner committed to our round before we had a lead. Our conversations and diligence process really helped focus my thinking. He has been one of the highest ROI investors on the cap table and is always very responsive. I always recommend founders to try to get Turner on their cap table.
Turner committed to our round before we had a lead. Our conversations and diligence process really helped focus my thinking. He has been one of the highest ROI investors on the cap table and is always very responsive. I always recommend founders to try to get Turner on their cap table.
Turner committed to our round before we had a lead. Our conversations and diligence process really helped focus my thinking. He has been one of the highest ROI investors on the cap table and is always very responsive. I always recommend founders to try to get Turner on their cap table.
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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Russ seems like a really nice guy. Would love to have him as a neighbor. But, twice he has offered to follow up and provide feedback and totally ghosted me when I reached out. If he’s not interested in my concept, then just tell me! Or if he’s too busy to meet with me, then please dont offer in the fist place.
Russ seems like a really nice guy. Would love to have him as a neighbor. But, twice he has offered to follow up and provide feedback and totally ghosted me when I reached out. If he’s not interested in my concept, then just tell me! Or if he’s too busy to meet with me, then please dont offer in the fist place.
Russ seems like a really nice guy. Would love to have him as a neighbor. But, twice he has offered to follow up and provide feedback and totally ghosted me when I reached out. If he’s not interested in my concept, then just tell me! Or if he’s too busy to meet with me, then please dont offer in the fist place.
Verified Investor Response:
Sorry to drop the ball here. If you invest the energy to meet us and pitch, then our goal is to give you helpful feedback and a crisp answer, as promptly as possible, every time.
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 is an incredible partner, full of insight, and willing to go deep to help his founders. He is an inflection point in the life of many of his portfolio companies. As a former founder himself, he gets both sides, and is extremely valuable to have on the team.
David is an incredible partner, full of insight, and willing to go deep to help his founders. He is an inflection point in the life of many of his portfolio companies. As a former founder himself, he gets both sides, and is extremely valuable to have on the team.
David is an incredible partner, full of insight, and willing to go deep to help his founders. He is an inflection point in the life of many of his portfolio companies. As a former founder himself, he gets both sides, and is extremely valuable to have on the team.
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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