
Ep25: Danielle Strachman | Founder and General Partner at 1517
20MinuteLeaders
00:00
VC Funding - Is a Cash Infusion a Good Idea?
Of that 20% of your portfolio are coming from that $1000 grants. And that's just remarkable and you have so many more data points than the average VC has on the team, which is just phenomenal. So sometimes we've gone to people and said hey, how would another 150 K help you right now? They're like oh, that's great I was just on the phone this morning with a founder about that actually this is a funny moment. The founder said like hey like what if in the convertible note we said we could take up to 300 K maybe you guys do 150. It's a lot of pain and suffering to start a startup. You know you have to be really into
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