Mike Maples, Floodgate
Origins - Inside Venture Capital, Hosted by a GP and an LP
Pre Product Market Fit Investing - The Secret Sauce
There are more seed funded deals way more than there were 10 years ago. The average price is way higher. Salaries are up. And there aren't proportionally that many more series A's being done. So I think what we need to do is be the best pre product market fit investors there are. That's how we get pricing power and that'sHow we get paid for the risk that we take.
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