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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Li is incredibly thoughtful and generous with her time. When we talk to other investors, they usually give us the "easy" answer that first comes to their head. Li isn't like that. She spends time thinking deeply and often will send us an idea that comes to her hours after the meeting. Li is also *super* available. She's basically always working which is helpful when we want to bounce ideas off of her. I couldn't imagine a better investor, _particularly_ for someone in the consumer / passion economy space.
Li is incredibly thoughtful and generous with her time. When we talk to other investors, they usually give us the "easy" answer that first comes to their head. Li isn't like that. She spends time thinking deeply and often will send us an idea that comes to her hours after the meeting. Li is also *super* available. She's basically always working which is helpful when we want to bounce ideas off of her. I couldn't imagine a better investor, _particularly_ for someone in the consumer / passion economy space.
Li is incredibly thoughtful and generous with her time. When we talk to other investors, they usually give us the "easy" answer that first comes to their head. Li isn't like that. She spends time thinking deeply and often will send us an idea that comes to her hours after the meeting. Li is also *super* available. She's basically always working which is helpful when we want to bounce ideas off of her. I couldn't imagine a better investor, _particularly_ for someone in the consumer / passion economy space.
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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Gaetan is a founders' investor. As a former entrepreneur, he comes from the operations side and understand the challenges that founders go through. His bar is high but when reached he will move mountains for you.
Gaetan is a founders' investor. As a former entrepreneur, he comes from the operations side and understand the challenges that founders go through. His bar is high but when reached he will move mountains for you.
Gaetan is a founders' investor. As a former entrepreneur, he comes from the operations side and understand the challenges that founders go through. His bar is high but when reached he will move mountains for you.
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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Reached out to us. Was very nice but ghosted us after the second call.
Reached out to us. Was very nice but ghosted us after the second call.
Reached out to us. Was very nice but ghosted us after the second call.
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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Do not waste your time with this firm. Disorganized. Unprofessional. She has a very second-tier attitude. If you read her profile you will see what I mean. Mindset is very fixed and limited, she wasn't even able to comprehend big picture vision and ambitions. A little slow. Be prepared to repeat things over and over again.
Do not waste your time with this firm. Disorganized. Unprofessional. She has a very second-tier attitude. If you read her profile you will see what I mean. Mindset is very fixed and limited, she wasn't even able to comprehend big picture vision and ambitions. A little slow. Be prepared to repeat things over and over again.
Do not waste your time with this firm. Disorganized. Unprofessional. She has a very second-tier attitude. If you read her profile you will see what I mean. Mindset is very fixed and limited, she wasn't even able to comprehend big picture vision and ambitions. A little slow. Be prepared to repeat things over and over again.
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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Gifted at identifying and describing both sides of every argument. Reserves political capital and introductions for the top performers in his portfolio, and negotiating energy for the bottom performers. Acts mainly as a source of opinion for the middle 80%
Gifted at identifying and describing both sides of every argument. Reserves political capital and introductions for the top performers in his portfolio, and negotiating energy for the bottom performers. Acts mainly as a source of opinion for the middle 80%
Gifted at identifying and describing both sides of every argument. Reserves political capital and introductions for the top performers in his portfolio, and negotiating energy for the bottom performers. Acts mainly as a source of opinion for the middle 80%
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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Jake is very smart, respectful, and was a pleasure to meet with. He has a very promising future in VC. Although we didn't end up working together, I would definitely recommend Jake to other entrepreneurs.
Jake is very smart, respectful, and was a pleasure to meet with. He has a very promising future in VC. Although we didn't end up working together, I would definitely recommend Jake to other entrepreneurs.
Jake is very smart, respectful, and was a pleasure to meet with. He has a very promising future in VC. Although we didn't end up working together, I would definitely recommend Jake to other entrepreneurs.
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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Smart investor! Straight hustler, and very nice.
Smart investor! Straight hustler, and very nice.
Smart investor! Straight hustler, and very nice.
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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Saam Motamedi is a fucking G. Dude is a straight up genius when it comes to everything enterprise and you want him on your cap table. He's probably in his mid-20s but can easily hold his own with the Reid Hoffmans of the world. It's crazy too because he doesn't have much operating experience but some folks are just wicked smart.
Saam Motamedi is a fucking G. Dude is a straight up genius when it comes to everything enterprise and you want him on your cap table. He's probably in his mid-20s but can easily hold his own with the Reid Hoffmans of the world. It's crazy too because he doesn't have much operating experience but some folks are just wicked smart.
Saam Motamedi is a fucking G. Dude is a straight up genius when it comes to everything enterprise and you want him on your cap table. He's probably in his mid-20s but can easily hold his own with the Reid Hoffmans of the world. It's crazy too because he doesn't have much operating experience but some folks are just wicked smart.
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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I've worked with Steve and Activant very closely for a number of years now. We would not be where we are today without them. Here's what I love about Steve. He has incredible conviction and vision. For someone who rose the ranks on Wall Street and not Silicon Valley, he has more conviction and vision than 99% of Silicon Valley investors. He'll understand what you're doing in 1/10 the time of the next investor. And, if he believes in it, he'll back it early and in a big way. No herd mentality. He is an independent thinker. He has courage to do the right thing, even if it's not pretty. During our time working together, there have been things we've had to cleanup that weren't pretty. Steve was with me as the founder/CEO every step of the way. He was relentlessly supportive and encouraged me to do the hard but right thing for the business. These were really tough things (parting ways with key entrenched folks in the company both investors and teammates) and I couldn't have done it without Steve's support. These moves arguably saved our company. He cares a shitton about the business and doing what's right for the long-term. He has been supportive through ups and downs and gets it when we have "downs" that were justifiable from a long-term perspective. For someone who doesn't come from an operational background, he has an uncanny ability to understand team dynamics and culture (once again better than 99% of Silicon Valley investors). He's seen the writing on the wall with multiple executives far before I did (both the good and bad). His instinct on people is pretty insane. He appreciates the culture of a business which was really important to me as a founder. He is direct. I always know what he's thinking. There are no guessing games. We have built a pretty amazing personal relationship outside of work. Here's what you should know about working with Steve. He wears his heart on his sleeve and always tells you what he thinks. His opinion is usually right (and a shocking amount) and if you listen his opinions will actually improve your business. However, like any human being sometimes it's wrong. For west coaster founders, know that you're interacting with an east coaster. We've worked through everything and anything. I recommend talking over calls (vs emails or writing) — that's where you get the best Steve. In short, you have to get and understand his personality... make sure it resonates with you as a founder. He values his personal relationship with you, but don't let that fool you into not playing your part professionally. Steve has an extremely high bar for your CEO performance. You've got to be on top of your game. I know of one founder and one partner he had to fire, but with the context I had, those were necessary decisions. Those individuals were not performing where they needed to. And, he made the right call.
I've worked with Steve and Activant very closely for a number of years now. We would not be where we are today without them. Here's what I love about Steve. He has incredible conviction and vision. For someone who rose the ranks on Wall Street and not Silicon Valley, he has more conviction and vision than 99% of Silicon Valley investors. He'll understand what you're doing in 1/10 the time of the next investor. And, if he believes in it, he'll back it early and in a big way. No herd mentality. He is an independent thinker. He has courage to do the right thing, even if it's not pretty. During our time working together, there have been things we've had to cleanup that weren't pretty. Steve was with me as the founder/CEO every step of the way. He was relentlessly supportive and encouraged me to do the hard but right thing for the business. These were really tough things (parting ways with key entrenched folks in the company both investors and teammates) and I couldn't have done it without Steve's support. These moves arguably saved our company. He cares a shitton about the business and doing what's right for the long-term. He has been supportive through ups and downs and gets it when we have "downs" that were justifiable from a long-term perspective. For someone who doesn't come from an operational background, he has an uncanny ability to understand team dynamics and culture (once again better than 99% of Silicon Valley investors). He's seen the writing on the wall with multiple executives far before I did (both the good and bad). His instinct on people is pretty insane. He appreciates the culture of a business which was really important to me as a founder. He is direct. I always know what he's thinking. There are no guessing games. We have built a pretty amazing personal relationship outside of work. Here's what you should know about working with Steve. He wears his heart on his sleeve and always tells you what he thinks. His opinion is usually right (and a shocking amount) and if you listen his opinions will actually improve your business. However, like any human being sometimes it's wrong. For west coaster founders, know that you're interacting with an east coaster. We've worked through everything and anything. I recommend talking over calls (vs emails or writing) — that's where you get the best Steve. In short, you have to get and understand his personality... make sure it resonates with you as a founder. He values his personal relationship with you, but don't let that fool you into not playing your part professionally. Steve has an extremely high bar for your CEO performance. You've got to be on top of your game. I know of one founder and one partner he had to fire, but with the context I had, those were necessary decisions. Those individuals were not performing where they needed to. And, he made the right call.
I've worked with Steve and Activant very closely for a number of years now. We would not be where we are today without them. Here's what I love about Steve. He has incredible conviction and vision. For someone who rose the ranks on Wall Street and not Silicon Valley, he has more conviction and vision than 99% of Silicon Valley investors. He'll understand what you're doing in 1/10 the time of the next investor. And, if he believes in it, he'll back it early and in a big way. No herd mentality. He is an independent thinker. He has courage to do the right thing, even if it's not pretty. During our time working together, there have been things we've had to cleanup that weren't pretty. Steve was with me as the founder/CEO every step of the way. He was relentlessly supportive and encouraged me to do the hard but right thing for the business. These were really tough things (parting ways with key entrenched folks in the company both investors and teammates) and I couldn't have done it without Steve's support. These moves arguably saved our company. He cares a shitton about the business and doing what's right for the long-term. He has been supportive through ups and downs and gets it when we have "downs" that were justifiable from a long-term perspective. For someone who doesn't come from an operational background, he has an uncanny ability to understand team dynamics and culture (once again better than 99% of Silicon Valley investors). He's seen the writing on the wall with multiple executives far before I did (both the good and bad). His instinct on people is pretty insane. He appreciates the culture of a business which was really important to me as a founder. He is direct. I always know what he's thinking. There are no guessing games. We have built a pretty amazing personal relationship outside of work. Here's what you should know about working with Steve. He wears his heart on his sleeve and always tells you what he thinks. His opinion is usually right (and a shocking amount) and if you listen his opinions will actually improve your business. However, like any human being sometimes it's wrong. For west coaster founders, know that you're interacting with an east coaster. We've worked through everything and anything. I recommend talking over calls (vs emails or writing) — that's where you get the best Steve. In short, you have to get and understand his personality... make sure it resonates with you as a founder. He values his personal relationship with you, but don't let that fool you into not playing your part professionally. Steve has an extremely high bar for your CEO performance. You've got to be on top of your game. I know of one founder and one partner he had to fire, but with the context I had, those were necessary decisions. Those individuals were not performing where they needed to. And, he made the right call.
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.
We had an interview with Tim and a few others for an earlier YC batch. The interview itself was ok, but they seemed to get stuck on very specific parts of the business (whether we were working with remote engineers or not) and considered that an automatic pass. They were against outsourcing some of our engineering talent. We had strong in-house talent as well which they seemed to completely overlook or not care about. When they mentioned that in their followup email, I was left wondering how much he (and the panel) were actually listening to what we were saying during the interview.
We had an interview with Tim and a few others for an earlier YC batch. The interview itself was ok, but they seemed to get stuck on very specific parts of the business (whether we were working with remote engineers or not) and considered that an automatic pass. They were against outsourcing some of our engineering talent. We had strong in-house talent as well which they seemed to completely overlook or not care about. When they mentioned that in their followup email, I was left wondering how much he (and the panel) were actually listening to what we were saying during the interview.
We had an interview with Tim and a few others for an earlier YC batch. The interview itself was ok, but they seemed to get stuck on very specific parts of the business (whether we were working with remote engineers or not) and considered that an automatic pass. They were against outsourcing some of our engineering talent. We had strong in-house talent as well which they seemed to completely overlook or not care about. When they mentioned that in their followup email, I was left wondering how much he (and the panel) were actually listening to what we were saying during the interview.
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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