Second Time Founders cover image

E 10 w/ William Hockey, Plaid getting their series A term sheet pulled from a tier 1 VC, William buys a bank to build the financial system from the bottom up, founders share everything

Second Time Founders

CHAPTER

Silicon Valley Fundraising Is a Weird Thing

There is a there's an expression I learned from VCs back in the day when people do this to you it's cold. It's like they're completely fucking you over at the same time as they're doing it. A lot of people don't realize how hard these rounds are actually to get them across the line. Even more so than investors, founders live in fear of their employees and what's more than your investors because you have so much writing he says.

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