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20Angel: Roxanne Varza: Director of Station F, Sequoia Scout

20Angel

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Signaling as a Scout

Signal risk is definitely something people ask about, but it hasn't this specific format that you just mentioned has not been the reason people have taken it. It's more like a full for a political reason than for signaling. I think in the US over the last 10 years, it's been quite acceptable for founders to accept 5k checks off on the operators. That was something in Europe that didn't exist until a few years ago, but I'm seeing that proliferate a lot more now. And so I think it's smart for founders to think about each aspect of your cap table having a position like a sports team.

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