Why a VC passes on your startup

Transcript

A large part of my job as a VC is to just pass, pass and pass. When I was a founder building my own company I got passed a dozen times. I am going to share the three main reasons why I end up passing company's rate. I think the first one is straight up the founder has not done enough research about the funds and he is reaching out to me for a gaming company raising their CVC round which makes absolute no sense. And that's the straight up pass. The second one turns out that you know the founder is following a great problem and I really like it. I am a kind of about the space however the team is not really exciting when it does not give me the energy that they are the best team out there to build in this space. That turns out to be the second kind of pass that I often end up with. The third one actually is pretty different because this is where you know the team is great, the company is great, the idea is great, but the catch is they are a bit too early and you know being wait for early in the market is almost as bad as landing up on the wrong idea. Hence these are places where you keep on tracking the company but we are not investing for now.

Transcribed automatically from the video, so small errors are possible.